An Ignoble Experiment: The Cryptocurrency Superboom of 2020

The below offer is brought to you by our associates at Weiss Ratings

Dear Gail,

Two shocking events are about to send Bitcoin and select cryptocurrencies to potential all-time highs and start...

The Cryptocurrency Superboom of 2020!

One of these events has happened only two other times in history.

The first time was in 2009.

Bitcoin surged from $11 to $1,157 a little over a year later. That's a massive 10,518% gain.

If you missed out on that move, you had a chance to make up for it when this event happened again in the summer of 2016.

At that time, Bitcoin was priced at about $665.

By the end of 2017, Bitcoin peaked at just under $20,000.

For a staggering 3,000% gain.

But that's nothing compared to Litecoin which jumped nearly 8,000%. Or Ethereum skyrocketing 12,300%. Other lesser-known cryptocurrencies produced even greater gains.

Now this event has been triggered again and could send Bitcoin and choice cryptos to bigger gains than ever before.

And the second event is already creating a frenzy of demand from investors and pushing prices higher.

You see, Bitcoin is designed to be a deflationary currency.

It's a way to combat the inflationary fiat currencies and money-printing manipulations of governments.

Think of it as a hedge with explosive potential to skyrocket in value as paper currency plunges.

Right now, these two events have converged and, if history is any indication, will force the price of Bitcoin and other cryptocurrencies to reach new peaks.

Early investors could position themselves to reap the biggest rewards... starting immediately.

Go here to watch my urgent presentation for full details!

Martin

Good luck and God bless!

To accept this special invitation, click here.

Symbol	Last	Change	%
Indexes Snapshot
Dow Jones Industrial Average	26295.40	+215.30	+0.86%
NASDAQ Composite	10047.78	+104.73	+1.10%
S&P 500	3142.45	+27.11	+0.90%
SPDR S&P 500	313.1800	+2.7662	+0.92%
iShares Russell 2000 ETF	143.20	+1.48	+1.10%

U.S. STOCK INDEXES

The September NASDAQ 100 was higher in overnight trading as it extends the rally off Monday's low. The high-range trade sets the stage for a steady to higher opening when the day session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If September extends the rally off March's low into uncharted territory, upside targets will be hard to project. Closes below Monday's low crossing at 9381.75 would confirm that a short-term top has been posted. First resistance is last-Wednesday's high crossing at 10140.00. Second resistance is unknown. First support is Monday's low crossing at 9381.75. Second support is the May 27th low crossing at 9167.00.

The September S&P 500 was higher overnight. The high-range overnight trade sets the stage for a steady to higher opening when the day session begins trading later this morning. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 10-day moving average crossing at 3112.20 would confirm that a short-term low has been posted. If September resumes the decline off June's high the 50-day moving average crossing at 2938.27 is the next downside target. First resistance is last-Monday's high crossing at 3216.70. Second resistance is the 87% retracement level of the February-March-decline crossing at 3237.65. First support is the 50-day moving average crossing at 2938.27. Second support is the May 13th low crossing at 2804.20.

Thank you!

Thank you for subscribing to Market Commentary from INO.com.

You can modify your email preferences or unsubscribe here.

INO.com, Inc. | 228 Park Avenue South, Suite 320 | New York, New York 10003

U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results

These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.

All trades, patterns, charts, systems, etc., discussed in this message and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher or INO.com. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the methodology or system will generate profits or ensure freedom from losses. The testimonials and examples used herein are exceptional results, which do not apply to the average member, and are not intended to represent or guarantee that anyone will achieve the same or similar results. Each individual's success depends on his or her background, dedication, desire, and motivation.

An Ignoble Experiment

Pages

Sponsor

2020/06/19

The Cryptocurrency Superboom of 2020

No comments:

Post a Comment

Label Cloud

Popular Posts (Last 7 Days)

Blog Archive