December 2023 - Here’s 5 Cryptos we are watching for MAJOR 2024 gains as Bitcoin steps into a Bull Market (Paid Edition)

PREMIUM NEWSLETTER FOR PAYING SUBSCRIBERS (Released every Thursday).

Fast brief (TLDR) -

1. A fast rundown of the positive outlook for 2024

2. What I look for in a fast moving altcoin

3. My 5 underrated crypto picks for 2024. The What. The Chart. The Why

Happy hunting!


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Welcome to the December edition of our newsletter!

Being that festive time of year, we wanted to give you some stocking fillers for your time off over Christmas

Going off how well our October week 1 release (edition 53) was received with “5 Altcoins poised to explode” I wanted to do the same leading into a new year

This time, I wanted to step a bit more into the obscure and the forgotten…so with this in mind, I did not include any from what I think might be Crypto's biggest narrative, AI. 

And what an exciting year 2024 proves to be for Crypto investors.

Notable tailwinds for Crypto are

- the Bitcoin Halving
- Bitcoin & Ethereum ETF approvals likely in Q1
- A relaxation of monetary policy into a US Federal election
- Up to 5 interest rate cuts forecasted for 2024 according to CME

2024 is tee-ed up for a full blown Crypto Bull Market

Now we know the usual suspects. Bitcoin and Ethereum are widely considered locks in almost every investor’s portfolio, but if we are leaning into the risk curve, where might we find those BIG 10-100x returns?

There are a few that spring to mind which we are watching. Some old, and some new.

My core considerations when I look for higher-risk high-reward options are:

- Liquidity
- Available on big tier exchanges
- Low marketcap with room to run
- Narrative (in bull markets narrative is perhaps the most important aspect)
- Proven price history or none at all.

I have done my best to tick as many boxes as possible on my checklist but there is also an element of intuition and personal choice that comes into the mix, so please do not consider my Top 5 an exhaustive list

I’ll also share my chart analysis for each option, as a great looking technical setup carries strong weight for selection

Let’s get into it!

1) Theta ($THETA)

This token grabbed my attention before the last bull-run

It’s one of those massive runners with a strong use-case and massive backers, so I made a mental note to watch THETA for entries before the next bull run.

Subscribe to Weekly Elite Cryptocurrency Investment Strategy Newsletter to read the rest.