Crypto Carnage: Why Bitcoin Fell 40% in 1 Week — and Will Keep Falling

Published: May 22, 2021

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Best 2020 Stock Predictions

Buying put options is a great way to pocket gains when you expect a stock is going to fall.


Future of Wealth Head Trader Lance Ippolito's Weekly Blitz Alerts strategy just capitalized on weakness in American Well Corp. that helped their May 21 $12.50 puts more than double from their entry!


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Crypto Carnage: Why Bitcoin Fell 40% in 1 Week — and Will Keep Falling

Small Cap Stocks to Watch

WOOF! There's been absolute crypto carnage this week on Wall Street. Coinbase's brief online outage Wednesday morning — due to the major crypto sell-off that began last week — may have been the nail on the coffin for this frenzy.


And now, Bitcoin has erased all its gains that came when Tesla announced it bought $1.5 billion worth of the cryptocurrency and would accept it as a form of payment for its cars.


All within a matter of weeks.


The news got Joy of the Trade's Jeff Zanairi and I talking… and we ended up compiling a list of the reasons why Bitcoin will keep falling in 2021.

Get the List Here

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