December 5, 2024

By Nigam Arora & Dr. Natasha Arora

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

Bitcoin Jubilation

Please click here for a chart of bitcoin (BTC.USD).

Note the following:

• The chart shows the Arora buy signal when bitcoin broke out above the support zone.  As of this writing, there is a 39% gain since the buy signal. 
• The chart shows the run up in bitcoin since Trump’s re-election.
• The chart shows bitcoin has broken out above $100K.  There is jubilation.  Buying is very aggressive as of this writing.  
• Bitcoin bulls are tripping over themselves to come up with higher and higher targets for bitcoin.