Amid the continuing GameStop frenzy, a lot of people are wondering if Bitcoin will crash again...
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| Click Here To Reveal My Secret | | | | | Roger Scott | 20+ years of trading experience managed over $900 million teaching thousands daily. | | | | | | Amid the continuing GameStop frenzy, crypto has also been hot… A lot of people are wondering if Bitcoin will crash again — and whether they should buy the dip.
As stock market expert Adam Sarhan is about to explain, we've had a huge move up since October, when Bitcoin was trading for just under $12,000, up to as high as $58,000 — a huge move in a short time!
Ladies and gentlemen, that's not a normal move. Of course, what goes up must often come back down, and that's exactly what we're seeing in the crypto coin's prices this week. Check out Adam's short video on why Bitcoin is crashing and let's talk about whether you should buy this latest dip. | | | Catch the Video Here | | What Investors Can Learn From This Week
| | The stock market had a mixed week. We saw a "mini-rotation" out of growth stocks, technology and stay-at-home stocks into back-to-normal stocks.
There's a resurgence in commodities and undervalued sectors like shippers, hotels, airlines and cruise liners mainly caused by a decline in COVID-19 cases while vaccine numbers rise.
This is on top of President Joe Biden's $1.9 trillion stimulus bill and Treasury Secretary Janet Yellen's massive treasury account, where the extra capital will eventually make its way back into the stock market.
However, there is a growing fear of inflation as short-term rates remain steady and long-term rates increase — a simple sign that inflation is ahead of us. Watch the entire roundtable with Midas Letter founder James West and other WealthPress traders to see our recommendations and trading strategies for this week
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