To The Moon

At time of this writing, we saw Bitcoin crossing $75,000 and Bitcoin hits an all-time high of $76,203 as Donald Trump's re-election boosts hopes for pro-crypto regulation.

There have been continued growth being anticipated by traders and investors, with experts predicting further gains for Bitcoin and the crypto market as regulatory conditions shift in favor.

But I would like to use data to tell us the story and trend and how Bitcoin could cross $80,000 this week. Which crypto stocks would benefit better than the others?

Promising Good Increase In Daily Exchange Volume (7DMA)

Bitcoin is projected to break the $80,000 mark this week, fueled by investor confidence following Trump’s re-election. The crypto market overall is experiencing a surge, with other digital assets, like Ethereum and Solana, also seeing gains. Industry experts predict sustained growth, with some forecasting that Bitcoin’s value could continue to reach new highs in the coming months and years.

Bitcoin broke the $75,000 mark with a rally that create a rapid 10% increase as initial election results indicated Trump’s likely return to the White House. It has stayed there since.

With the market bracing for potentially lighter regulation, confidence among crypto advocates has intensified.

There are some crypto stocks that would benefit : MicroStrategy, Coinbase Global, Marathon Digital Holdings and Riot Platforms.

BTC Total Exchange Volume Increasing (7DMA)

If we looked at the total exchange volume on 7DMA for BTC and ETH, it is increasing significantly for BTC, this should be good news for names like $Coinbase Global, Inc.(COIN)$

This would mean there would be more money to be made for COIN as traders and investors trade BTC, this could also be good news for $MicroStrategy(MSTR)$ as their BTC holdings would be traded well on better price.

If we looked at how MicroStrategy have been trading on the MTF, it has been performing very well with a nice gap up after the election, and we are seeing that they are benefitting from this election and Trump interest towards cryptos.

MACD is forming a potential bullish crossover and with a strong uptrend from MTF, I am seeing more upside from MSTR.

COIN have a good run with a big gap up after the election and this has make MACD formed a bullish crossover to move it higher and with a strong uptrend from MTF, we are also seeing strong sentiment from investors.

Spot BTC ETF Flows in BTC Outflow Last Week

This should not be any concerns with the outflow last week on the Spot BTC ETF flows, as we should be seeing crypto miners increasing their production with higher hopes of better price and also the demand for BTC.

There have been increase inflows in BTC on the Spot Bitcoin, so we should be seeing Spot BTC ETF buying more Bitcoins from the market, this mean it makes sense for mines like $Marathon Digital Holdings Inc(MARA)$ and $Riot Platforms(RIOT)$ who have been increasing their mining capacity to sell more Bitcoins.

MARA stock price is not showing much gap up after the election but it shows potential with the move above the short-term and long-term MA, after trading below last week.

We are seeing a potential bullish MACD crossover forming and I expect the MTF to improve and give us a strong uptrend.

We are also seeing similar behavior on RIOT, as it has start to trade above the short-term and long-term MA, and MACD has formed a bullish crossover, and I expect MTF to give a strong upward trend as well soon.

If we looked at the total net flows in BTC from Spot Bitcoin ETF, it is improving towards the positive so this could mean that there is more buying now from these Spot Bitcoin ETF.

Summary

If we looked at how Bitcoin move to $75,000, there are some crypto stocks that are showing better performance than others. We should be seeing more inflows to Spot Bitcoin ETF, this should help them to acquire more Bitcoin, so that would benefit Bitcoin miners.

One of the area that would benefit from Trump policies would be crypto mining as Trump have showed the support for crypto.

So I would think we can looked at these crypto stocks for mid term gains.

Appreciate if you could share your thoughts in the comment section whether you think Bitcoin would continue to move higher and benefit these crypto stocks.

@TigerStars @Daily_Discussion @Tiger_Earnings @TigerWire appreciate if you could feature this article so that fellow tiger would benefit from my investing and trading thoughts.

Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Analysis.