Three big crypto updates

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Thought I’d share some important crypto news with you today, in case you haven’t heard the latest updates.

First, I saw this headline and couldn’t help but laugh to myself…

Obviously, the subject matter isn’t funny, but we talked about that exact topic on my presentation on Saturday.

Altcoins are a dangerous form of investment if you don’t know what you’re doing, and they’re rife with scammers and creeps as well.

It’s why I’ve developed my system for trading crypto with “total movement” in focus, which I taught to the folks over the weekend.

(You can catch the replay here if you missed out)

Moving onto more positive news:

What you’re looking at there is the ticker at the top of coinmarketcap.com, a very helpful resource for all crypto traders.

More specifically, you’re looking at the current market cap across all cryptos, which is back up above $2T for the first time in a while.

We talked about how the selloff in crypto looked to be turning around, and turn around it has!

BTC is up over 18% in the last five days, and is even in the black now for the last month and six months as well!

Hard to say so far whether we’re in a new bullish run completely. I think it’s likely we’ll move up a bit more then get a pullback.

But if my measured bounce setup forms then we can be quite bullish!

Last thing: a trade to potentially monitor:

We’ve been right on the arrows so far on Coinbase (COIN), a cryptocurrency exchange platform.

If that holds up, we could see a slight pullback then a big move higher.

Hope you have a good Wednesday,

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Jeffry Turnmire and InvestPub do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor.