8 Comments
User's avatar
Jimychanga's avatar

AGAIN!!! TODAY IS A GIFT. If you won't listen to Changa, take it from Gene PERONI, one of the longest running technicians on Wall Street (BTW, save this link. top one is always current)

LISTEN!! https://www.listennotes.com/podcasts/gene-peronis-daily-podcast-gene-peroni-qsbplofwZMU/embed/

Expand full comment
Jimychanga's avatar

I'm only saying this once. BUY FEAR! THE big dogs don't feel emotions like you. Wall streets been buying this crypto shakedown all weekend!

https://youtube.com/shorts/oAmwhkFPTIw?si=oGkTF1mqPkr68eXy

Expand full comment
Jimychanga's avatar

TRUMP'S BITCOIN PLAN CAUSING RIPPLES AROUND THE WORLD.

This is insanely bullish (remember the pennant flag we are just a week or two from completing chartwise? Don't be one of the clueless folks surprise when the bitoin price rockets up and out from the flag tip!)

https://www.youtube.com/live/99-RdmqDFsk?si=T60sGVrvbIYcQeZh

Expand full comment
Jimychanga's avatar

MSTR: TODAY AUGUST FIRST IS THE RECORD DATE FOR THE 10 to 1 Stock SPLIT!!!

Reiterate;

The MICROSTRATEGY split.

Holders of record of MicroStrategy’s class A common stock and class B common stock as of the close of business on August 1, 2024, the record date for the dividend.

MicroStrategy Incorporated (NASDAQ:MSTR) has announced a 10-for-1 stock split. Stock splits do not normally affect the value of a business, but in this case we could see some interesting market dynamics play out which make this a potentially very bullish development.

I have covered the possible consequences of MSTR’s inclusion into the S&P 500 Index. MSTR has largely been running a strategy of securing fiat financing from debt and equity markets to continue to acquire Bitcoin (BTC-USD). It is currently one of the largest holders of BTC in the world, holding even more than the United States government.

MicroStrategy Incorporated (NASDAQ:MSTR) has announced a 10-for-1 stock split. Stock splits do not normally affect the value of a business, but in this case we could see some interesting market dynamics play out which make this a potentially very bullish development.

I have covered the possible consequences of MSTR’s inclusion into the S&P 500 Index. MSTR has largely been running a strategy of securing fiat financing from debt and equity markets to continue to acquire Bitcoin (BTC-USD). It is currently one of the largest holders of BTC in the world, holding even more than the United States government.

Expand full comment
Jimychanga's avatar

Drop Everything and Read:

Bitcoin is going to Skyrocket EVEN MORE if team Kamallary wins.

Having Mathematician Crawford and his big brain on board is the most bullish thing Changa's read tonight!!

DO, NOT, MISS, THIS, OPPORTUNITY!!

"The reality of how quickly supply will dry up in the markets is not fully understood by market participants given how different Bitcoin is than most [mined] assets. If more people understood this chart, they might play in the Bitcoin market whether or not they care for Bitcoin and its success. Any plan that reduces Bitcoin supply like those two POTUS candidates announced would sharply move the supply-demand curve—possibly even to the point of 7-digit Bitcoin prices sooner than most anyone would have predicted."

https://open.substack.com/pub/roundingtheearth/p/election-2024-and-the-bitcoin-effect?utm_source=share&utm_medium=android&r=3vm3f

Expand full comment
Jimychanga's avatar

Summary of Trumps "Crypto First" policy (Saturday)

"I am laying out my plan to ensure that the United States will be the crypto capital of the planet and bitcoin superpower of the world," Trump declared at the event featuring Michael Saylor (MicroStrategy), Cathie Wood (Ark Invest) and the Winklevoss twins (Gemini). "There's never been anything like it, and most people have no idea what the hell it is. Bitcoin is not just a marvel of technology, as you know; it's a miracle of cooperation and human achievement. Bitcoin stands for freedom, sovereignty and independence from government coercion and control. If crypto is going to define the future, I want it to be mined, minted and made in the USA."

Taking action: There were several promises made at the conference, including a pledge to fire SEC Chairman Gary Gensler and appointing a presidential advisory council to issue regulatory clarity that will let the crypto industry "thrive." Other commitments included shutting down Operation Chokepoint 2.0, which refers to the extensive procedures imposed on crypto businesses, as well as eliminating "unclear" or "tough" laws that stifle the sector. He also vowed to create a strategic national bitcoin stockpile, fight CBDCs, defend the right to self-custody, and institute the "responsible expansion of stablecoins to extend the dominance of the U.S. dollar to new frontiers."

Wall Street Breakfast survey: Is crypto exposure needed for a balanced portfolio? Is it better to wait until the results of the U.S. election? Take the latest crypto poll and share how it might impact markets in the comments section.

Expand full comment
Jimychanga's avatar

Have you seen the pre market?

Prices will explode at 9:30 EST market open.

Enjoy!!

Expand full comment
Jimychanga's avatar

You should be positioned by now.

Revisit this next month and you'll see WHY 😀

Good luck to all!

Expand full comment