META Spikes Higher. What’s Next?

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JULY 27, 2023
META Jumps...And Markets Shrug Off 1/4-point Rate Hike.

META reported after the close yesterday, and immediately popped higher — up to 7.5% in after hours trading. What’s next for META?

The Fed’s ¼-point rate hike didn't seem to matter, with markets spiking up… then down… then closing above the day’s open. And finally, Personal Consumption Expenditures (PCE) is out tomorrow.

Stay tuned to see what stocks are popping and dropping today as Jeffry scans the market live to find today’s potential plays. 

Click Here to watch now!
My Huge Bitcoin Investment (almost a quarter million)

I’ve been talking a lot about Bitcoin lately, but talk is cheap.

When it comes right down to it, nothing I say should matter unless I have skin in the game.

Which is why I think it’s important to share that I have $213,000 of my family’s money invested in a Bitcoin-related stock.

Why would I go so heavy into single stock?

Well, for me, history is my guide. Right now we're in the middle of the Bitcoin halving window.

The Halving Window

The Bitcoin halving window is a period of time when the reward for mining a block of Bitcoin is cut in half. This happens every four years, and it is a way of controlling the inflation of Bitcoin.

Here’s a table showing the previous halving dates and the approximate prices of a single Bitcoin before and after those halving dates:


The Next Halving

The next halving date is just around the corner. But it’s more of an estimate than a firm date.

That’s because the halving is not based on a specific date or number of days.

It’s based on the number of blocks that have been mined, so it could vary depending on how quickly the remaining blocks are mined.

With that in mind, the estimated date for the next Bitcoin halving is approximately April 2024.

Why I'm Investing In Bitcoin

History has shown the halving window to be a major bullish event for Bitcoin. The price of Bitcoin has always spiked after the halving window, and I believe that it will happen again this time.

Take a look at the following chart that shows how much the price of Bitcoin has rallied following previous halvings:


But there are other reasons I believe in Bitcoin.

One of those is all the recent institutional investment in and interest around creating an infrastructure around the digital currency.

As major financial players enter the arena and throw their weight behind Bitcoin, I believe this will allow the masses to adopt and use Bitcoin, which will also have a positive effect on its price.

The Risks Of Investing In Bitcoin

Despite what I believe, I would be remiss if I didn’t mention that there are risks to investing in Bitcoin.

As with any investment, you should never place a trade with money that you need to pay the month’s rent or put food on the table.

That Said…

That said, I believe that the risks of investing in Bitcoin are outweighed by the potential rewards.

In fact, as you’ve seen, I’m so confident that the price of Bitcoin will continue to rise in the long term, that I’ve invested a huge amount of my family’s money into it.

Long Term Investing, Short Term Trading

But you don’t have to wait years for a Bitcoin investment to pay off.

There’s a monthly “Bitcoin profit window” that opens near the end of every month…

And if you look at your calendar you’ll see that we’re quickly approaching the end of July.

Which is why I’m going live today at 1pm Eastern to share all the details about this remarkable pattern — including how I’ve been playing it…

And how regular folks like you can get in on these trades without leaving your regular brokerage account.

If you want to hear more about it join me today at 1pm Eastern. Just click here to register your spot.

Hope to see you there,

— Jeffry Turnmire


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