Dear Reader,
Yesterday, I gave you the gameplan for the week – and it’s a big one.
In your weekly Five Points update, we took a deep dive into the stock market, with a focus on the major driver this week: the “Mag 4” earnings coming from Alphabet Inc. (GOOG), Amazon.com Inc. (AMZN), Apple Inc. (AAPL) and Meta Platforms Inc. (META).
Today, we’re going focus on commodities and crypto – and the timing couldn’t be better.
Because Bitcoin (BTC), the world’s biggest cryptocurrency by market cap and mindshare alike, is on the move…
It’s broken above resistance at $69,000, broken through that psychologically important $70,000 level, and is currently trading above $72,000 as I write this.
I’ve been telling you for months that this move is coming – though it did take a bit longer than I expected…
In fact, yesterday, when I recorded the video I’m about to share with you, I asked the question, “What the heck happened to Bitcoin’s “Up-tober”?
We’ve seen breakouts from both gold and stocks, but Bitcoin had failed – until about 24 hours ago – to follow suit.
So we’ll take a close look at the chart and I’ll show you the evidence from gold and stocks that predicted this latest move in BTC – and what’s coming next.
Just click below…
Good trading,
Tom Gentile
America’s Pattern Trader