🎁What the Tigers Say | Will BTC Break $70,000? What’s Your Trading Strategy?-To The Moon - Tiger Brokers Online Investing Community

🎁What the Tigers Say | Will BTC Break $70,000? What’s Your Trading Strategy?

The SEC has granted "accelerated approval" for 11 Bitcoin-linked ETFs, now tradable on the NYSE with options tied to Bitcoin’s spot price.

Alongside this, major capital inflows into Bitcoin ETFs, coupled with speculation around a potential Trump election win, have pushed Bitcoin close to $70,000.

Could Bitcoin Surpass $70,000 This Week? Which Crypto Stocks Have the Strongest Momentum?

🎁Special Notes: Whoever showed up on the” What the Tigers Say” column will receive 100 Tiger Coins and an exclusive interview invitation to honor your contribution.

Click titles to read the full analysis:

1. @nomadic_m:

Key Points:

$Trump Media & Technology(DJT)$ performance is closely tied to Donald Trump's political fortunes, which can be quite volatile. The company's shares have seen a significant surge driven by Trump's improving poll numbers. However, this also means that the stock's value can plummet if Trump's political prospects decline.

DJT doesn't align with my long-term investment thesis, so I'll be observing its volatility from the sidelines.

On the other hand, Bitcoin's value has also been influenced by Trump's stance on cryptocurrency, with the former president positioning himself as pro-crypto. This has led to an increase in Bitcoin's value. However, the crypto market is notorious for its unpredictability, and regulatory changes can significantly impact its value.

I'm maintaining exposure to the cryptocurrency market through $Coinbase Global, Inc.(COIN)$ a more strategic play on the sector. While avoiding direct Bitcoin investment, COIN provides diversified exposure to the crypto ecosystem.

2. @xiangxin:

Key Points:

With Bitcoin's value rising over 16%, there is speculation about whether it could surpass the $70,000 mark. Several factors contribute to this potential rally, including increased institutional adoption, favorable macroeconomic conditions, and the upcoming Bitcoin halving event, which historically has boosted prices.

However, challenges remain, such as regulatory scrutiny and market volatility. Investors are optimistic but must remain cautious of potential corrections. If the current momentum sustains and these positive drivers continue, Bitcoin could indeed break new all-time highs, possibly surpassing $70,000.

3. @jayc :

Key Points:

Bitcoin has surged 12% as Trump's election odds in betting markets began rising in mid-September. Trump's crypto-friendly stance has boosted investor enthusiasm for bitcoin as his betting odds rise.

Analysts predict a Trump win could significantly influence the crypto industry's future.

4. @Patmos :

Key Points:

Yes Bitcoin is going to $100,000 Trump wins US election.

5. @BTC_Sandy:

Key Points:

BITCOIN is about to send so hard! Buckle up, because the next move could be massive. The bulls are charging, and BTC is primed for a breakout. Don’t miss the ride!

Bullish on $Coinbase Global, Inc.(COIN)$ $MicroStrategy(MSTR)$ $Marathon Digital Holdings Inc(MARA)$ $CleanSpark, Inc.(CLSK)$

Questions for you:

Could Bitcoin Surpass $70,000 This Week?

Which Crypto Stocks Have the Strongest Momentum?

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⏰Duration

30 October (24pm EDT)

# Can BTC Hit $80,000 or Even $90,000 at Year-End?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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icycrystal
·10-23
TOP
bitcoin is too volatile for my liking... but owning bitcoin has its own merits... just that as of now, am not too adventurous...

@koolgal @Shyon @Aqa @SPACE ROCKET @TigerGPT @LMSunshine @rL @GoodLife99 @Universe宇宙 @HelenJanet

Could Bitcoin Surpass $70,000 This Week?

Which Crypto Stocks Have the Strongest Momentum?

🎁Prizes

🐯 All valid comments on the following post will receive 5 Tiger Coins.
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- TigerGPT:
  根据我的查询，关于比特币（Bitcoin）以及加密货币行业的新闻和观点如下：
  加密股票下跌，比特币交易连续第三天走低：加密货币行业的股票在近期出现下跌趋势。新闻链接
  
  选举热潮成为催化剂！比特币期权交易员开始关注$80,000？：在选举期间，比特币期权交易员开始关注比特币价格能否达到80,000美元。新闻链接
  
  小蝶量化：从“仰视”到“平视”如何对Web3祛魅的？：该文章详细介绍了小蝶量化如何从传统市场的“仰视”转向加密货币的“平视”视角。新闻链接
  
  币圈日报 | Arkham认为特斯拉上周转移BTC属于内部钱包转移；美SEC批准多支比特币ETF期权产品上市交易；CryptoQuant CEO：美国现货比特币ETF的机构持仓占比约为20%：此篇报道涉及到多个方面。首先，Arkham认为特斯拉上周转移的比特币是属于其内部钱包转移。其次，美国证券交易委员会批准了多种比特币ETF期权产品的上市交易。最后，CryptoQuant首席执行官表示美国现货比特币ETF的机构持仓占比约为20%。新闻链接
  
  盘前异动｜核能概念股集体回调；SAP业绩利好，盘前大涨5%：与加密货币概念股相比，核能概念股在盘前出现回调。同时，SAP业绩好于预期，盘前股价上涨5%。新闻链接
  
  根据最新的新闻和观点，比特币的价格波动仍然相对较大。如果您不喜欢价格波动较为剧烈的投资品，可能需要谨慎考虑持有比特币。然而，比特币作为一种投资资产，仍然具有自身的优点和潜力。如果您对加密货币市场感兴趣，可以继续跟踪行业动态和相关公司的表现。
  请注意：以上内容仅供参考，不构成投资建议。投资加密货币存在风险，投资前请务必进行充分的调研和风险评估。
  10-23
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- Shyon:
  Thanks for sharing
  10-23
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Shyon
·10-23
TOP
Bitcoin is positioned to surpass $70,000 this week due to several key factors. The SEC's accelerated approval of 11 Bitcoin-linked ETFs has generated significant excitement and capital inflows, enhancing market liquidity. Additionally, growing institutional interest and speculation surrounding a potential Trump election win could further drive demand.

As these dynamics play out, the combination of increased trading activity and positive sentiment could easily push Bitcoin past the $70,000 mark. With the current momentum, the conditions are ripe for a breakout.

@TigerGPT @TigerClub
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- b1ueskyReplying toShyon:
  thk for sharing
  10-23
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- TigerGPT:
  According to the available news articles, here are the key factors that could contribute to Bitcoin potentially surpassing $70,000 this week:
  SEC's accelerated approval of 11 Bitcoin-linked ETFs: The SEC has granted "accelerated approval" for 11 Bitcoin-linked ETFs, which are now tradable on the NYSE with options tied to Bitcoin's spot price. This has generated excitement and capital inflows into Bitcoin ETFs, enhancing market liquidity.
  
  Growing institutional interest: There is a growing interest from institutional investors in Bitcoin, which could drive further demand for the cryptocurrency. Institutional investors entering the market can have a significant impact on its price.
  
  Speculation surrounding a potential Trump election win: There is speculation that a potential win by Trump in the US election could have a positive influence on the crypto industry's future. This speculation has generated enthusiasm among investors for Bitcoin.
  
  While these factors suggest a positive outlook for Bitcoin, it is important to note that the cryptocurrency market is highly volatile and subject to various factors that can influence its price. Investment decisions should be made based on careful consideration of personal risk tolerance and thorough analysis of the market.
  It's worth noting that the movement of Bitcoin could also be influenced by other factors such as overall market sentiment, economic data, and changes in mining difficulty. Therefore, it is crucial to stay updated with the latest news and market trends to make informed trading decisions.
  Please remember that the information provided here is for reference purposes only and should not be considered as investment advice. Investing in cryptocurrencies carries inherent risks, and it is advisable to conduct your own research and consult with a financial advisor before making any investment decisions.
  10-23
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- Shyon:
  Come and join @Fenger1188 @GoodLife99 @Barcode @nomadic_m @icycrystal @b1uesky @Universe宇宙 @koolgal @rL
  10-23
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Aqa
·10-23
TOP
All signs points to BTC breaking $70,000. The selling of Bitcoin has obviously decreased, and more people are accumulating cryptocurrencies. This the start of a new round of Bitcoin bull market. Now is the best time with $Marathon Digital Holdings Inc(MARA)$ and $Coinbase Global, Inc.(COIN)$ . Thanks @TigerClub @icycrystal
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Universe宇宙
·10-23
TOP
@TigerGPT perform technical analysis on these crypto stocks: $Coinbase Global, Inc.(COIN)$ and $MicroStrategy(MSTR)$ and $Marathon Digital Holdings Inc(MARA)$ and $CleanSpark, Inc.(CLSK)$
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- TigerGPT:
  Technical Analysis: Coinbase Global, Inc. (COIN)
  Support Price: $192.12
  Resistance Price: $211.12
  Average Cost: $195.71
  Current Stock Price: $210.72 (as of 2024-10-23)
  Business and Industry Analysis: Coinbase Global, Inc. is a cryptocurrency exchange platform. It operates a secure online platform for buying, selling, transferring, and storing digital currency. The company's business is in the cryptocurrency industry, which has experienced significant growth in recent years. As the adoption of cryptocurrencies continues to expand, Coinbase is well-positioned to benefit from this trend.
  Earnings Analysis: The latest earnings report for Coinbase Global, Inc. is for the second quarter of 2024. During this period, the company reported earnings per share (EPS) of $0.15, with a net profit margin of 2.62%.
  Looking at the earnings forecast, analysts predict that the company's EPS for 2025 will be $3.90, with a forecasted gross income of $5.91 billion. The forecasted EPS for 2026 is $3.35, with a forecasted gross income of $5.43 billion.
  Trend Analysis: The stock has shown a strong upward trend recently, with the current stock price breaking through resistance levels. The support price is at $192.12, indicating a level where buying pressure may emerge. The resistance price is at $211.12, which may act as a barrier to further price gains.
  Analyst Viewpoints and Target Price: Analysts are generally positive on Coinbase Global, Inc. A total of 22 analysts have provided target price estimates, with a mean target price of $251.45. The low and high target price estimates are $160.00 and $380.00, respectively.
  Capital Flow Analysis: In the past five days, there has been a mix of inflows and outflows in the stock. On average, there has been a net outflow of funds from the stock.
  Disclaimer: The above analysis is for informational purposes only and should not be considered as investment advice. Stock prices are subject to fluctuations, and it is important to conduct further research and analysis before making any investment decisions.
  Technical Analysis: MicroStrategy (MSTR)
  Support Price: $Unknown
  Resistance Price: $Unknown
  Average Cost: $Unknown
  Current Stock Price: $Unknown
  Unfortunately, the technical analysis information for MicroStrategy (MSTR) is not available. Therefore, it is not possible to provide a detailed analysis of the stock at this time.
  It is recommended to seek additional information from reputable sources or consult with a financial advisor for a comprehensive analysis of MicroStrategy.
  Technical Analysis: Marathon Digital Holdings Inc (MARA)
  Support Price: $12.04
  Resistance Price: $12.24
  Average Cost: $13.45
  Current Stock Price: $12.23 (as of 2024-10-23)
  Business and Industry Analysis: Marathon Digital Holdings Inc is a digital asset mining company. It engages in the mining of cryptocurrencies such as Bitcoin. The company's business is closely tied to the performance and profitability of the cryptocurrency industry.
  Earnings Analysis: The latest earnings report for Marathon Digital Holdings Inc is for the third quarter of 2024. During this period, the company reported an EPS of -1.03, with a net profit margin of -226.92%.
  Looking at the earnings forecast, the company is expected to have negative earnings per share for the full year 2024. However, for the fiscal years 2025 and 2026, analysts predict positive earnings per share.
  Trend Analysis: The stock has been experiencing some volatility, with the current stock price near the support level of $12.04. The resistance level is at $12.24, which may act as a barrier to further price gains.
  Analyst Viewpoints and Target Price: There are limited analyst viewpoints and target price estimates available for Marathon Digital Holdings Inc.
  Capital Flow Analysis: In the past five days, there has been a mix of inflows and outflows in the stock, with some days experiencing net inflows and others experiencing net outflows.
  Disclaimer: The above analysis is for informational purposes only and should not be considered as investment advice. Stock prices are subject to fluctuations, and it is important to conduct further research and analysis before making any investment decisions.
  Technical Analysis: CleanSpark, Inc. (CLSK)
  Support Price: $12.04
  Resistance Price: $12.24
  Average Cost: $13.45
  Current Stock Price: $12.23 (as of 2024-10-23)
  Business and Industry Analysis: CleanSpark, Inc. is an energy software and services company. It provides advanced microgrid solutions for a variety of applications, including residential, commercial, and military.
  Earnings Analysis: The latest earnings report for CleanSpark, Inc. is for the third quarter of 2024. The company reported negative earnings per share (EPS) of -0.59 during this period.
  Looking at the earnings forecast, analysts predict that the company's EPS for the full year 2024 will be -0.59. For the fiscal years 2025 and 2026, the forecasted EPS is $0.90 and $0.74, respectively.
  Trend Analysis: The stock has been experiencing some volatility, with the current stock price near the support level of $12.04. The resistance level is at $12.24, which may act as a barrier to further price gains.
  Analyst Viewpoints and Target Price: Limited analyst viewpoints and target price estimates are available for CleanSpark, Inc.
  Capital Flow Analysis: In the past five days, there has been a mix of inflows and outflows in the stock, with some days experiencing net inflows and others experiencing net outflows.
  Disclaimer: The above analysis is for informational purposes only and should not be considered as investment advice. Stock prices are subject to fluctuations, and it is important to conduct further research and analysis before making any investment decisions.
  10-23
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Mrzorro
·10-24
I had no money for Bitcoin. But I can just buy related stocks such as $Coinbase Global, Inc.(COIN)$ and $Marathon Digital Holdings Inc(MARA)$ 🚀🚀🚀🚀🚀📈
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highhand
·10-23
Just buy IBIT, ETHA, MSTR, COIN... just to name a few for crypto exposure... easy to buy stocks/equities than the actual cryptocurrency itself.
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ECLC
·10-24
Possible BTC can break $70k. Would not bet on risky stocks.
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twinkle5
·10-23
The COIN chart is a piece of art. Send it to $500+ Q1 2025.
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AN88
·10-24
yes will surpass $70000
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andrew123
·10-23
my portfolio weigh more to crypto stk cos chances of Trump winning is gaining momentum by the day
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twinkle5
·10-23
Catalysts on the horizon for Bitcoin and MSTR in 2024 & early 2025
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MasterStonker
·10-23
what break 70k, 250k at least, look here.
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VivianLau
·10-23
MARA! It trying to break through 4 month lows SEND IT TO 30
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Gowtham18
·10-23
Yes
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