In Minneapolis on Saturday night, the comedian Bill Maher opened his show with a few words about the assassination attempt on Trump, which included the viral quote pictured above,
Biden can’t make it through a debate and a bullet can’t stop Trump. It almost doesn’t matter who the Democrats put up now.
As I wrote over the weekend (The Assassination Attempt On Trump), the immediate market impact of Trump’s iconic defiance in the wake of that attempt, was a rally in Bitcoin.
One market open on Saturday evening was the crypto market, which is always open. Bitcoin bounced after Trump survived his assassination attempt.
That makes sense. The optics of Trump's bravery and defiance after the shooting made it more likely that Trump will win in November, and Trump is seen as the pro-Bitcoin candidate--he's even scheduled to speak at a Bitcoin conference this month.
I had another Bitcoin-related trade idea teed up for Monday--a Bitcoin miner that ended up in our top ten names on Friday--but whether I place that trade will depend on Monday's market action.
The bullish Bitcoin-related trade I mentioned there is now on track for a 200% gain by next month.
Today’s market action has included Bitcoin being up about 6% over the last 24 hours, and some Bitcoin miners being up 3x that much on the day, but, surprisingly, the Bitcoin miner that appeared in our top ten on Friday is down slightly today. The trade below gives us a shot at a 275% profit is this one rallies into the end of the year.
Details below.
Today’s Crypto-Related Trade
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