Is a Crypto Bull Market Brewing? 🚀
Tom Lee certainly thinks so and after watching his latest video, I have to admit some of his arguments are pretty compelling. you can watch it here https://youtu.be/ac7pnyaBFEM?is=L5NrGXVxzFkoW6WP
Tom Lee believes we could be entering a new crypto bull cycle, potentially one of the biggest yet. The combination of liquidity, institutional adoption, ETFs, regulation and the broader evolution of crypto is making the setup increasingly interesting.
I’m excited to see whether he’s right And at the same time I am not ready to pour more money into crypto. 😂
Instead, I’ve been selling a few puts on $Robinhood(HOOD)$
For me, it’s a more familiar way to express the same thesis. If crypto activity accelerates, Robinhood should potentially benefit from increased trading activity and continued growth of its crypto and on-chain businesses, while I’m still trading an equity rather than taking direct exposure to Bitcoin or other tokens.
Let’s see if Tom Lee gets this one right!
Comments