📈 How to profit from the rise of $BTC (🔥 4th Halving is coming)
The confluence between Bitcoin Exchange-Traded Funds (ETF) approvals and fourth halving in April 2024, will put significant pressure on BTC's price in 2024.
Due to anticipated price volatility, industry professionals have placed their projection claims across a wide range of price levels (all bullish).
At a minimum, the expected BTC price in 2024 is $80,000.
On average, the price target is just over $87,000.
So - sure, you can buy & hold BTC and capture a lot of the gains.
But here are some investments in the related to BTC that we think will outperform BTC…👀💸
1️⃣ Mining Stocks
As well as gold miners, also bitcoin mining companies amplify the market trend, for better or for worse.
Historically mining companies get leveraged exposure to the price of bitcoin. In other words,
If Bitcoin goes up, Bitcoin miners go 3x+ up.
If Bitcoin goes down, Bitcoin miners go 90% down.
In the last bull market, RIOT and MARA (bitcoin mining stocks*),* outperformed bitcoin by 3x and 9x respectively.
2️⃣ Stacks
Stacks is a blockchain platform that extends Bitcoin's functionality, enabling smart contracts and decentralized applications (dApps) on Bitcoin.
It leverages Bitcoin's security while offering more programmability, aiming to create a decentralized internet and digital economy.
Moreover, Stacks has outperformed BTC and ETH in the last 7, 30, 90 and 365 days.
3️⃣ Badger
BadgerDAO is a decentralized autonomous organization designed to bridge Bitcoin with decentralized finance (DeFi). It enables the use of Bitcoin as collateral across different blockchains, fostering its integration into various DeFi platforms.
Historically, Badger amplify BTC market trend, for better or for worse.
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That’s al for today
Thanks for reading!