Mike and Lee discuss investment strategy and investment opportunities for Ethereum Bitcoin, Gold, and the US dollar. Mike explains why Bitcoin may have some strong head winds to overcome in 2021 and why Ethereum is outperforming Bitcoin and why he thinks it will continue to outperform Bitcoin for the foreseeable future.
Mike covers key levels to watch out for in Bitcoin, Ethereum, Gold and EUR / USD, and perhaps more importantly the importance of risk management.
Time stamps as follows:
0:00 to 1:30 Introduction
1:31 to 3:08 Thoughts on Bitcoin vs Ethereum
3:09 to 6:30 The fed launching their own digital coin and regulation
6:31 to 9:25 The investment opportunity in the blockchain space
9:26 to 16:40 Technical Analysis, price levels and, volatility side of Bitcoin and Ethereum
16:41 to 24:40 Comparing blockchain technology to the start of the .com internet in the late 90s
24:41 to 28:02:30 Managing risk vs opportunity, day trading vs buy and hold
28:03 to 37:05 Thoughts on Inflation, infrastructure spending, artificial intelligence, and gold levels
37:06 to 38:44 Investment opportunity’s
38:45 to 40:20 Gold support levels and targets
40:21 to 43:35 US dollar bias and EUR/USD key levels
43:35 to 45:45 Review of our past market analysis and wrap up
?? Closing remarks and wrap up.
Hope you have a wonderful day,
The FYR team.