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Top Ways to Trade the Bitcoin FOMO Rally

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behindthemarkets.com

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Wed, Feb 28, 2024 02:04 PM

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The Bitcoin rally is just getting underway You are receiving this email because you are subscribed t

The Bitcoin rally is just getting underway You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here. Prefer to view this content on our website? [Click here.]( --------------------------------------------------------------- Dear Fellow Investor, The Bitcoin rally is just getting underway, we noted a couple weeks ago. In fact, as it now nears $60,000, Bitcoin could easily see higher highs. According to analysts at Bernstein, “Bitcoin’s best days are yet to happen as the ETF-driven market fuels fears of missing out (FOMO). In this context, they believe BTC is well-placed to soar to new record highs.” On top of that, we have the Bitcoin halving coming up. “Initially, Bernstein forecasted a Bitcoin rally following its halving event. However, given the massive success of the ETF launch and the continuous inflow into ETFs, analysts now anticipate a Bitcoin rally before the halving event,” added CoinMarketCap.com. Plus, with a potential government shutdown, Bitcoin could rally even more. While you can always just trade Bitcoin, here are a few stocks rallying right along with it. --------------------------------------------------------------- Company: Marathon Digital (MARA) Mining stocks, like Marathon Digital (MARA) are some of the best ways to trade Bitcoin. That’s because the higher BTC goes, mining stocks are sure to follow. After all, its earnings potential is based on how well Bitcoin is doing. Helping, the company now holds 15,741 BTC as of Jan. 31. Even better, MARA just reported a 58% jump in the number BTC produced in January 2024. --------------------------------------------------------------- [This Once Biotech Penny Stock Just Got An $18.00 Price Target!](As Hedge Funds Pile into Uranium Stocks Anticipating a ‘Dramatic’ Rise, this Little-Known Uranium Explorer Looks Well Positioned to Capitalize. With a Global Effort to Reach Net Zero, [This Company]( May Be One of the Smartest Choices to Gain Exposure to the Growing Uranium Rush! [Get the full details here.]( --------------------------------------------------------------- Company: Riot Platforms (RIOT) Another hot mining stock is Riot Platforms (RIOT). According to the company, “As we approach the halving, which is expected to occur in April 2024, Riot also intends to leverage our ability to obtain Bitcoin at a significant discount to its current market price by retaining a greater proportion of our monthly Bitcoin production in the near term. This is made possible by our strong liquidity profile, and will further cement our position as one of the largest holders of Bitcoin.” --------------------------------------------------------------- [The Gold Story No One's Telling]( [press play]( Gold research firm says we could see much higher gold in 2024. "We'll show you the best possible way to play the current surge in gold for just $5." [More here.]( --------------------------------------------------------------- Company: MicroStrategy (MSTR) With MicroStrategy (MSTR), the stock can push even higher. All because it holds about 190,000 Bitcoin, which is currently worth about $9.5 billion. Just like with the miners, the higher the value of Bitcoin, the higher the potential value of MSTR. What’s interesting about MSTR is that it doesn’t matter how overbought it’s becoming, the “fear of missing out” rally could push it even higher. --------------------------------------------------------------- [Trade Smarter: 5 Winning Stock Picks Outlined 🚀](Imagine outperforming the entire stock market by holding just one stock for two strategic months…there are tons of examples! In this exclusive ‘Seasonal Profit Patterns Playbook’, you'll receive: - FIVE Seasonal Trade Ideas to elevate your portfolio - PROVEN insights into Stock Market Seasonality - PRECISE entries and exits for maximum returns - FORMULAS to leverage these seasonal patterns yourself. [Don't miss out on this playbook (and video!) Get Them Here.]( (By clicking the link above, you will be opted in to receive the Smart Trading Ebook and Newsletter via email. Unsubscribe at any time.) --------------------------------------------------------------- [Free trades! Delivered Right to Your Inbox]( Want more free daily trades in your inbox? [Sign up for Dylan Jovine's Daily Guru Trades]( What stocks are you interested in right now? What would you like to see us cover in the future? Hit "reply" to this email and let us know! "The Buck Stops Here" Our mailing address is: Behind the Markets, LLC 4260 NW 1st Avenue, Suite 55 Boca Raton, FL 33431 Copyright © 2023 Behind the Markets, LLC, All rights reserved. You're receiving this email as part of your subscription to Behind the Markets. For more information about our privacy practices, please review our [Privacy Policy]( or our [Legal Notices.]( [Behind the Markets]( [Unsubscribe](

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