Why China Is the Key to Bitcoin Volatility

 
April 23, 2021
 
The Biggest Trade of Lance's Life...
Future of Wealth Head Trader Lance Ippolito would NEVER brag about this…  

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Lance actively trades these explosive "breakout dates" every week.

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Why China Is the Key to Bitcoin Volatility
Have you heard the news about Bitcoin?

I woke up Sunday morning to a 14% decrease in my Coinbase account.

Talk about an unpleasant Sunday surprise.

There was a massive power outage in China's Xinjiang region — the place where a huge amount of worldwide Bitcoin mining happens.

Many investors are speculating that this is behind Sunday's violent cryptocurrency crash that drove Bitcoin's value down $10,000 a coin.

But I have a feeling there's more to Bitcoin's volatility than that…
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I'm a busy man... In addition to trading and my everyday duties, this week I hosted two live webinars for the launch of my new service, Blockbuster Breakout Calendar (more on that later).

On top of that, I get a lot of questions about my Weekly Blitz Alerts service. People always want to know what a "Shadow Blitz" is, or how fast they'll see returns — and of course how big the returns can be.

My system is running 24/7, 365. It's continuously scanning 30 billion updates across 16 different market exchanges in real time… looking for a phenomenon I call a "Shadow Blitz."

There are powerful trades often placed by folks with a temporary information advantage.
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A Speculator utilizes strategies and typically a shorter time frame in an attempt to outperform traditional longer-term investors. Speculators take on risk, especially with respect to anticipating future price movements, in the hope of making gains that are large enough to offset the risk. Speculators who are profitable over the long-term control their risk through position sizing, stop loss orders, and monitoring the statistics of their trading performance. Speculators are typically sophisticated risk-taking individuals with expertise in the markets in which they are trading.
 
 
 
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