Bitcoin Breaks Above $68,000!

Here's one thing you can do now to prepare for the coming bull market.

View or listen in browser October 27, 2024 Bitcoin Breaks Above $68,000! Dear Subscriber, By Beth Canova I don’t know about you. But my eyes have been glued to Bitcoin’s (BTC, “A”) price action this week. That’s because, last Sunday, Bitcoin climbed above $68,000 for the first time since August.  And while it didn’t have the strength to hold that level, the crossing alone has been enough to excite our team of crypto experts. Price of BTC over the past 7 days. Source: CoinGecko. Click here to see full-sized image.   In fact, Dr. Bruce Ng expected this push would end in a pullback. Over the past two weeks, he’s revealed key indicators he watches to determine where the market will go. And his latest one encourages you to See When the Smart Money Starts to Run with This Easy Indicator. It’s a simple and easy way to see when the bigfoot investors put their money into the market. And this week, it shows the same conclusion as the past two indicators. In short: The rally isn’t here … yet. But we’re getting close. And Juan Villaverde’s Crypto Timing Model agrees. It has signaled that the coming low anticipated for Nov. 5 will be the launchpad for Bitcoin to soar higher. In fact, his model has indicated that the coming cycle has enough potential upside that he’s calling it “Crypto’s Golden Window.” And he’s hosting an urgent briefing this coming Tuesday, Oct. 29 at 2 p.m. Eastern to help you Get Ready for Crypto’s Golden Window. It’s free to attend. All you have to do is click here to save your seat. In fact, Juan is so bullish about what his Crypto Timing Model is showing, he says this latest pullback is A Bitcoin Buying Opportunity Too Good to Pass Up. But not every crypto is flashing a bright green “buy” sign. On Monday, Marija Matić shared the latest DeFi news, a New L2 That Can Bring Big Changes to the No. 2 Crypto. Uniswap (UNI, “C+”) is preparing to launch its own Layer-2 network, Unichain. The hype around the announcement was insane, sparking a 10% rise in UNI’s token price this week. That’s because Unichain will very likely improve transaction speeds and costs on the leading decentralized exchange. Naturally, users are excited. But its launch will have ripple effects throughout the Ethereum (ETH, “A-”) ecosystem as activity shifts to Unichain. As such, Marija is keeping a close eye on how the No. 2 crypto by market cap adapts to the new kid on the block. Digging deeper, tech expert Jurica Dujmovic revealed that Unichain’s announcement set off a Drama Flare in Defense of Decentralization. See, as a decentralized autonomous organization, or DAO, Uniswap is a democracy. And some voices have been speaking out against what they see as a serious consolidation of power within the DAO. While this power struggle hasn’t yet impacted prices, Jurica urges caution if you hold or are considering buying UNI. Things are finally heating up in the crypto markets. So be sure to keep up with all your Weiss Crypto Daily updates. Especially as we get closer to that Nov. 5 low. And remember to reserve your spot for Juan’s upcoming briefing to learn how you can make the most of this Golden Window. Best, Beth Canova Crypto Managing Editor Follow us:   11780 US Highway 1, Palm Beach Gardens, FL 33408-3080, USA Would you like to edit your e-mail notification preferences or unsubscribe from our mailing list? Copyright © 2024 Weiss Ratings. All rights reserved.