The Bitcoin rally is just getting underway, we noted a couple weeks ago.
In fact, as it now nears $60,000, Bitcoin could easily see higher highs.
According to analysts at Bernstein, “Bitcoin’s best days are yet to happen as the ETF-driven market fuels fears of missing out (FOMO). In this context, they believe BTC is well-placed to soar to new record highs.”
On top of that, we have the Bitcoin halving coming up.
“Initially, Bernstein forecasted a Bitcoin rally following its halving event. However, given the massive success of the ETF launch and the continuous inflow into ETFs, analysts now anticipate a Bitcoin rally before the halving event,” added CoinMarketCap.com.
Plus, with a potential government shutdown, Bitcoin could rally even more.
While you can always just trade Bitcoin, here are a few stocks rallying right along with it.
| Company: Marathon Digital (MARA) Mining stocks, like Marathon Digital (MARA) are some of the best ways to trade Bitcoin. That’s because the higher BTC goes, mining stocks are sure to follow. After all, its earnings potential is based on how well Bitcoin is doing. Helping, the company now holds 15,741 BTC as of Jan. 31. Even better, MARA just reported a 58% jump in the number BTC produced in January 2024. |
This Once Biotech Penny Stock Just Got An $18.00 Price Target!
As Hedge Funds Pile into Uranium Stocks Anticipating a ‘Dramatic’ Rise, this Little-Known Uranium Explorer Looks Well Positioned to Capitalize.
With a Global Effort to Reach Net Zero, This Company May Be One of the Smartest Choices to Gain Exposure to the Growing Uranium Rush!
Get the full details here.
|
Company: Riot Platforms (RIOT) Another hot mining stock is Riot Platforms (RIOT). |
The Gold Story No One’s Telling
Gold research firm says we could see much higher gold in 2024. “We’ll show you the best possible way to play the current surge in gold for just $5.”
More here.
|
Company: MicroStrategy (MSTR) With MicroStrategy (MSTR), the stock can push even higher. All because it holds about 190,000 Bitcoin, which is currently worth about $9.5 billion. Just like with the miners, the higher the value of Bitcoin, the higher the potential value of MSTR. |
