🫤 Why The Bitcoin Rally Is Stalling Below $100,000

It's not over yet, but Bitcoin may need a break.

Author

Ivan
November 25, 2024

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Happy Monday, Zingernation! With Bitcoin close to $100,000, those that got in early should start thinking about taking some profits. Here’s a strategy how to do that.

Today, we look at why the BTC rally is stalling below $100,00, why Microstrategy is the ‘Bitcoin Magnet’ and more.

Plus, this Black Friday, save $1,000 and trade alongside a Wall Street legend with real-time alerts and proven strategies.

TOP STORY

Bitcoin edged us on Friday by clocking a new all-time high above $99,000.

But now the rally seems to have stalled and sentiment is declining.

It isn’t the end just yet, but caution may be warranted.

Why is Bitcoin having a hard time getting over the hump at $100K?

In 2024, Matt Maley’s members had the chance to make 570% on TLT in 24 hours, 460% on GDX in a week, and even see five winning trades in one day. This Black Friday, save $1,000 and trade alongside a Wall Street legend with real-time alerts and proven strategies.

QUICK N DIRTY

Bitcoin is stalling below $100K, so is it already time to take profits? If you entered around $20K, it might be. Here’s the strategy one veteran trader is using.

Shiba Inu has been some up, a bit of down and a lot of sideways. But it’s next rally could take it 2,000% higher, one trader thinks.

Nayib Bukele, E Salvador’s Bitcoin-loving president thinks volcanoes could be rented out to mine Bitcoin. Is that really going to work? Here’s what he said exactly.

FINTECH FOCUS

MicroStrategy is a ‘Bitcoin magnet’, according to Bernstein analysts.

The company just keeps attracting more and more bitcoin, almost like there was a law of physics.

But not everyone is buying that this gravy train can continue forever.

‘Nothing is free in finance,’ warned one analyst and he may be onto something.

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