The Arora Report

Rss Facebook Twitter Linkedin

February 27, 2024

A RUMOR HELPS BITCOIN BREAK OUT, NEW DATA SHOWS WEAKENING BUSINESS SPENDING

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Bitcoin Breaks Out

Please click here for a chart of bitcoin futures (BRR_F).

Note the following:

  • The chart shows bitcoin broke out.
  • RSI on the chart shows bitcoin has room to run.  The severely overbought condition in bitcoin has been relieved by bitcoin being range bound for a few days.
  • There is no resistance for bitcoin between here and $65,000.
  • The rise in bitcoin seems to be triggered, in part, by a rumor that Microsoft (MSFT) will start supporting bitcoin in its products. 
… Please click here or the title below to read more.
Read More
February 27, 2024

9 Winners. 9 Losers. Gold, Silver & AI Trade Zones.

9 Winners. 9 Losers.
Gold, Silver & AI Trade Zones.

A new market cycle is forming.

AI, Metals &
Memory Playbook

See where sophisticated investors are positioning across software, precious metals, and AI memory.

AI is power hungry. Investors will make a fortune from nuclear power for AI.
Get the list of 12 nuclear power stocks to grab your share of the profits.

Skip to content