
TRUMP TO OPEN THE FLOOD GATE OF 401K MONEY TO CRYPTOS — BITCOIN TO $250,000 AND THEN TO $1,000,000
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Trump Gambit
Please click here for a chart of bitcoin (BTC.USD).
Note the following:
- The chart shows that after the breakout above zone 1 (support), bitcoin has been consolidating in a narrow range.
- Typically, the bitcoin pattern shown on the chart leads to a pullback before a move higher. However, a new executive order that President Trump is about to sign has the potential to not only stop the pullback but push bitcoin higher. The first magnet for traders is $140K.
- President Trump’s executive order has the potential to push bitcoin to $250K and then potentially to $1M in the long term.