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  • Elazar Advisors, LLC

Bitcoin: Today's Fed Flip That Nobody Noticed, Next Stop 40,000, Well Maybe 23,378



This article takes a small slice from our daily update that we posted to subscribers. Along with our non-stop chat and during-the-day calls, our updates include daily market calls, Fed calls, earnings calls, trading and medium term calls in large cap stocks like TSLA and AAPL and key macro tickers like TLT, GLD, BTC and USO. Led by long time pro Chaim Siegel, our goal is to help you make money with fewer headaches. Click this and you can try a free trial to get the rest, if you want. No pressure.


Fed Pivot Flip


Today I told subscribers, "Fed. What's Bitcoin do again? They make something? Ah who cares, a Fed flip is good for Bitcoin. I'm very bullish."


I kind of got too excited today in chat and my update about an important Fed flip that popped out of nowhere today. I don't think the market even paid attention. I love that. It should help keep this Bitcoin party going. I think it only got started. I think Bitcoin really only cares about the Fed even though most of the world thinks Bitcoin actually does something.


Bitcoin 40,000


I have said to subscribers closing above 20,000, next stop 40,000 but it needs to first deal with the 200-day at 23.378. And guess what folks, we did close above Bitcoin 20k.


And not sure if you paid attention but I gave you a friendly heads up publicly on me turning Bitcoin-bull January 10th (even though for subscribers I turned bull late last year). If you read that note on the 10th you knew exactly how I was thinking about it down to the short term timing aspect to get confirmation.


And not sure if you noticed, but Bitcoin absolutely exploded from there.


As I said to you then, Bitcoin is my pick for 2023. A Fed flip can get this thing to go nuts. We can figure out what Bitcoin actually does after that. And, yes I think we had some Fed flip today. as I laid out to subscribers that the market didn't even notice today.


This article takes a small slice from our daily update that we posted to subscribers. Along with our non-stop chat and during-the-day calls, our updates include daily market calls, Fed calls, earnings calls, trading and medium term calls in large cap stocks like TSLA and AAPL and key macro tickers like TLT, GLD, BTC and USO. Led by long time pro Chaim Siegel, our goal is to help you make money with fewer headaches. Click this and you can try a free trial to get the rest, if you want. No pressure.




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