Dear Student,
The first week of December is in the books, and we had a LOT to talk about, including…
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The Money Calendar monthly forecast
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The best patterns to trade this month – and one stock that could soar 15% by mid-January
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Why AI Stocks are crushing the market right now and my top 10 picks for 2025
But the biggest story over the past couple of days is (and this shouldn’t be a surprise): Bitcoin (BTC).
In case you missed it, Federal Reserve Chair, Jerome Powell, said during Wednesday’s DealBook Summit:
“People use Bitcoin as a speculative asset. It’s like gold—it’s just virtual and digital. It’s not a competitor for the dollar. It’s really a competitor for gold.”
This statement by Powell – on top of the massive success of the iShares Bitcoin Trust ETF (IBIT) launch – was the straw that broke the camel’s back.
Bitcoin finally shattered $100,000 on Wednesday, trading as high as $103,332.30 and is currently hovering around $101,000.
So, what happens next? Where does it go from here?
We’ll talk about it in my new episode of the Patterns & Profits Podcast. I’ll take you through:
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My three key projections for Bitcoin over the short, medium, and long term…
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My blueprint for cashing in on crypto in 2025 – with minimal risk…
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One cause for concern if Bitcoin hits $150,000… AND
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The group of coins you should avoid at all costs.
Click on the video below – and let’s jump in:
Cheers,
Tom Gentile
America’s Pattern Trader
