Bitcoin Year 2025Market analysts and crypto experts anticipate that Bitcoin could soar to $600K this year, fueled by supportive policies and growing institutional adoption. Key drivers include deregulation efforts and pro-crypto measures under the current administration. President Trump has also reshaped the political landscape by appointing lawmakers who strongly advocate for cryptocurrency, setting the stage for a potential rally.
Trump-rally
Delayed tariffs "for Christmas" might help HASBRO
News/fundamental
The USTR says that the tariffs on some items, including “certain toys,” will be delayed until Dec. 15.
September is a key shipping month for those companies as they prepare for the holiday shopping season, when the majority of the industry’s business occurs.
Hasbro told CNBC earlier this month that it would have “no choice but to pass along the increased costs to our U.S. customers” if the tariffs were put into place.
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Great risk reward ratio.
DIVERGENCE in GOLD - Long Opportunity Fundamentals - GOLD and JPY are both assets used as safe heavens and therefore are strongly correlated. Lately, there has been a strong divergence when gold dipped. This could indicate that gold is underpriced. In addition, the shadow of a trade war and Trump's comments are worrying investors who are looking at tensions combined with a really high financial market. They could increase their demand for GOLD and push prices up. Finally, institutions shorted massively GOLD to profit from its recent big drop; when they cover their short, prices will shoot up.
Technicals - MACD is about to bounce & price is about to cross the 180EMA, indicating a potential uptrend. Prices are currently consolidating around 1200-1205 (Remember the usual GOLD cycle: Drop - Consolidation - Recovery).
My first target is 1225 on a swing trade.
CYH- Fallen angel type Momentum Long from $9.83 to $12.13 & highCYH seems a very good long setup. It had a wonderful rally since we first found it around $5.
Now it seems bouncing above the moving averages & getting ready for the second phase of run.
* Trade Criteria *
Date First Found- February 28, 2017
Pattern/Why- Fallen angel; Momentum Long
Entry Target Criteria- break above $9.83
Exit Target Criteria- 1st Target $10.93, 2nd target $12.13 & higher
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)