Is cryptocurrency making a comeback?
One can argue that many digital currencies are showing signs of an anticipated uptrend.
In just the last month, Bitcoin (BTC) is up over eight percent…
Ethereum (ETH) is up more than 16%…
Solana is up over 10%.
On top of that, there’s quite a few crypto-related stocks that are experiencing recent rallies over that same timeframe.
Charlie Moon has four specific names he’s currently watching, whose prices have climbed considerably over the last month:
- Circle Internet Group Inc. (CRCL): +114%
- Coinbase Global Inc. (COIN): +26%
- Strategy Inc. Class A (MSTR): +16%
- Bitmine Immersion Technologies Inc. (BMNR): +15%
Charlie touched on each of these stocks when he spoke with Oliver Renick yesterday on the Chicago Future of Finance Podcast. He discussed why he’s watching these stocks, dove into some of the technicals for each one, and the moves he believes these four stocks are capable of making moving forward.
The analysis, insights, and strategies shared by Prosper Trading Academy’s coaches in Prosper Insider are strictly for educational and informational purposes only. All content reflects the personal opinions of the coaches and should not be construed as specific investment advice or recommendations. Any examples discussed are illustrative in nature and do not represent actual live trade signals or instructions to buy or sell securities. Trading involves risk, and individuals should carefully evaluate their own financial situation before making investment decisions.
Charlie covers:
- Upward trajectories he would anticipate in these four cryptocurrency stocks
- Why he’s paying very close attention to MSTR and BMNR
- How he believes ETH could play a role in a potential BMNR breakout
- MSTR and COIN both closing above a key moving average
- The projection he nailed about CRCL
- If Bitcoin could potentially hit $100K
