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Sami Abusaad and JR Romero’s Bitcoin Price Target

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We’re deep into earnings season… but quietly Bitcoin has just hit all-time highs above $72,000!

Michael Saylor… the Bitcoin-stan and CEO of MicroStrategy (MSTR)… just pledged another $42 BILLION buy of more Bitcoin. 

The company already owns $18 billion. There’s rumor this supply squeeze will eventually cause Bitcoin to cease being priced in fiat in the future. 

He says: 

We’re going to promote global adoption of Bitcoin as a treasury reserve asset. Promote it to countries, cities, states, and companies (both public and private.)” 

Donald Trump has pledged as President to turn America’s $12 billion in Bitcoin holdings into a national Treasury reserve. 

Today, Sami Abusaad and JR Romero tackle the topic of crypto. 

Sami… long an advocate and trader of cryptos has been bullish on cryptocurrencies for years.

JR more sees crypto and Bitcoin as a tradeable asset. 

Today, they dig into where Bitcoin could go next. Take a listen:

SMCI crash! Is this the end?

We saw a 25% crash in SMCI on October 30th. SMCI’s auditors went rogue and quit on them, raising huge red flags. 

JR even called this two months ago calling SMCI the “Bernie Madoff of tech.”

Once a darling of the year… with many of our traders, including JR, riding the SMCI wave as it 4X’d from February into the summer…. What’s going to happen to it now? 

  • Is the run in semiconductor stocks over? — Sami answers

The guys also cover:

  • Will next week be volatile or a ‘plain old week?’
  • If the election is contested… what could happen to the market?
  • JR’s surprising election buy

Watch it all now in the video above!

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