After a reader asked about the cryptocurrency, I took a look, and I like what I saw.
Liquidity, FOMO and a short squeeze are driving market action.
It continues to be a market for speculative trading.
This is a very mixed market right now and the major indices are doing a poor job of reflecting what is really going on.
The influx of new traders in recent weeks is making the small-cap speculation a regular thing.
2 ways to play a potential breakout in the cryptocurrency.
It has the potential to gain strong momentum as it's mainly a technical trade.
Market players are trying to navigate the rotational action.
I may not be a 'true believer,' but the chart setup looks attractive here.
Given recent actions, the way we view fixed income may be changed forever.