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Bitcoin to $115,000 by Christmas? 👇1-12) Yesterday, we observed that MicroStrategy's implied volatility had risen to 200%, indicating an expected daily move of 12.6%. However, with few outstanding call options at the higher strike levels the stock had reached, the upside gamma from the options market vanished. As a result, @MicroStrategy stock dropped by 16% overnight, as traders were unwilling to buy calls at such elevated implied volatility levels. Following the 16% decline, implied volatility has surged to 270%, implying a daily move of 16%. Despite the sharp drop in MicroStrategy shares, Bitcoin has remained resilient, holding steady at $98,000. 👇2-12) As noted in our November 6 update, "Quick Update: We Expect a New SEC Chair by April/May 2025," we anticipated that current SEC Chair Gary Gensler would step down in December or January. According to a statement on the SEC website, Gensler will officially step down on January 20, 2025, coinciding with the inauguration of the new U.S. President. While this timeline aligns with our expectations, it’s possible that a new SEC Chair could be confirmed slightly earlier. 👇3-12) A new SEC Chair might approve .... -> full report: https://mail.10xresearch.co/p/bitcoin-to-115-000-by-christmas ------- #BTC☀️
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#Bitcoin is about to break $100,000 - just as we predicted based on one of our signals... join the distribution list: https://mail.10xresearch.co/ --------
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From October 7: Doubling Down on Bitcoin’s October Rally as MicroStrategy Shares Could Break Out -> https://mail.10xresearch.co/p/doubling-down-on-bitcoin-s-october-rally-as-microstrategy-shares-could-break-out
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#Bitcoin $100K Within Reach, But Clouds Loom Ahead...With Implied Volatility gapping higher 👇1-14) Bitcoin’s dominance has surged above 60%, with altcoins, particularly #Ethereum, continuing to lag in this rally. A key driver behind Bitcoin’s momentum is the relentless rally in @MicroStrategy shares, fueled by two crucial factors. In anticipation of the expected Q4 Bitcoin breakout, we introduced the concept that MicroStrategy’s rising share price could have a "tail wags the dog" effect on Bitcoin’s price (here). This dynamic stems from MicroStrategy’s strategy of consistently upsizing capital raises through debt offerings, pushing Bitcoin prices higher as these funds are used to accumulate Bitcoin. 👇2-14) Viewed through this lens, MicroStrategy’s valuation should not be directly compared to Bitcoin’s price. Bitcoin itself is not the liability associated with these capital raises. Instead, the liability is tied to treasury yields, convertible debt, or even the broader US dollar pool—assets that MicroStrategy effectively borrows to acquire Bitcoin. This distinction highlights a unique relationship between the company and its growing Bitcoin treasury. 👇3-14) But with implied volatility gapping higher, there is .... full report: https://mail.10xresearch.co/p/bitcoin-100k-within-reach-but-clouds-loom-ahead-with-implied-volatility-gapping-higher -------- #BTC☀️ #Pendle #SUI🔥🔥🔥🔥 #ENAUSDT🚨
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Traders Monitor 4 Key Catalysts That Could Drive #Bitcoin Past $100,000 Before Year-End MicroStrategy has surged +140% since our October 6 report, "Doubling Down on Bitcoin’s October Rally as @MicroStrategy Shares Could Break Out." With its market capitalization now at $88 billion, it has reached the size of companies like @Dell and @PalantirTech (>$80 billion) when they were added to the S&P 500 index and subsequently rose +7% on the announcement in early September 2024. Our October 14 report highlighted the possibility of MicroStrategy being added to the S&P 500 index on December 6, 2024. Given the substantial short interest in the stock—much of which extends beyond hedging convertible bond notes—a short squeeze could propel its share price even higher. This appears the case currently. Full report: https://mail.10xresearch.co/p/traders-monitor-4-key-catalysts-that-could-drive-bitcoin-past-100-000-before-year-end ---- #SolanaUSTD #Ethereum✅
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