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Strateš”¾ Update - Week 47 | Q4 | 2024

Strateš”¾ Update - Week 47 | Q4 | 2024

Bitcoin consolidating in the $90k's, Alts break necklines Cup & Handle

Gert van Lagen's avatar
Gert van Lagen
Nov 18, 2024
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Strateš”¾ Update - Week 47 | Q4 | 2024
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The information and insights are based on my knowledge; don’t take it as financial advice.

News

  • Bitcoin becomes the 8th largest asset, overtaking silver.

  • Trump vows to appoint pro-crypto officials to make the US a global crypto leader.

  • MicroStrategy buys 51,780 Bitcoin worth $4.6 billion, with plans to raise $1.75 billion for more.

  • Goldman Sachs to convert its Digital Asset Platform into a blockchain venture for faster trades.

  • 18 US states sue the SEC, accusing it of overreach and anti-crypto bias.

  • Pennsylvania proposes a Bitcoin Strategic Reserve for the state.

  • Genius Group plans a $120 million Bitcoin purchase as its main treasury asset.

  • Goldman Sachs holds $710 million in its Bitcoin ETF.

  • Italy cuts its crypto tax rate to 28% from 42%.

  • The Pentagon fails another audit, unable to explain $824 billion in spending.

  • US inflation climbs to 2.6% in October 2024.

  • Trump to meet Coinbase CEO Brian Armstrong to discuss crypto.


Current status 100% Winning strategy: šŸ”µā€”> ALL-IN

a weekly candle close below $61.3k would flash the black signal.

CRYPTO:BTCUSD Chart Image by MrGert

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