Chart of Day: Is it Time to Buy Bitcoin?

You are receiving this email because you are subscribed to Daily Guru Trades. If you no longer wish to receive these emails, please unsubscribe here. With Donald Trump back in the White House, cryptocurrencies are exploding. On Wednesday morning, Bitcoin hit an all-time high, tacking on more than $4,400 of value. And it could easily rally even more with Trump Administration support. Remember, Donald Trump and J.D. Vance are both bullish on cryptocurrency. Trump wants to turn the U.S. into the “crypto capital of the planet,” as noted by MSNBC. Kamala Harris has also said she backs the industry and will “encourage innovative technologies like AI and digital assets,” as also noted by MSNBC. In short, either candidate could have a significant impact on Bitcoin. If you believe the value of BTC will push higher, you can invest in the Pro Shares Bitcoin Strategy ETF (SYM: BITO).  With an expense ratio of 0.95%, the ETF tracks the performance of spot Bitcoin, and is the world’s largest and most actively traded cryptocurrency ETF, according to ProShares. Or, keep an eye on Marathon Digital (SYM: MARA), a Bitcoin mining stock that typically runs with Bitcoin. Last trading at $17.80, we’d like to see MARA run well above $20 near term. Did you miss yesterday's Chart of the Day? Click here to see it now. DC2 Publishing LLC 4260 NW 1st Avenue Suite # 55 Boca Raton, FL 33431 – 4264 Daily Guru Trades Copyright © 2023 Daily Guru Trades, All rights reserved. You are receiving this email as part of your subscription to Daily Guru Trades. If you have any questions, please contact us at support@dailygurutrades.com. Daily Guru Trades is a newsletter offered to the public on a subscription basis. 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