Howdy traders, it’s Matt here.

There’s something big coming … 

Everyone thought crypto was done after the 2022 selloff.

And U.S. regulators continue to bully the sector.

But despite all that, Bitcoin (BTC) rallied over 80% in 2023.

The private sector continues to back crypto. Most recently …

Source: Reuters.com

And businesses like Deloitte are hiring hundreds of crypto employees.

The most interesting part about all of this … 

I’m not talking about trading Bitcoin.

My eyes are on a different opportunity in the same sector.

Here’s what I’m watching … 

Upcoming Spike

The crypto industry exploded in 2020 and 2021.

That’s when Bitcoin was most bullish.

Here’s a chart … 

BTC chart 3-day candles Source: BitcoinWisdom.io

And right after crypto started spiking, there was another sector that popped off.

Non-Fungible Tokens shot up in value at a jaw-dropping pace.

You probably recall Bored Ape NFTs selling for millions of dollars.

Eventually, the hype died and the value fell.

That’s why it’s important to distinguish the difference between investment opportunities and trade opportunities.

I’m not going to buy and hold an NFT. I know they’re volatile and unpredictable. My goal is to profit from the industry’s volatility by making strategic trades.

It’s exactly how I profit in the stock market.

And that’s why some of Sykes’ students have been able to profit in industries like NFTs. The process is the same.

That’s a key lesson I learned as I evolved as a trader.

Sometimes opportunities vary. But I always approach the opportunities in the same way.

With regard to the coming NFT opportunity … if you’re new, sign up for Sykes instructional course on April 4.

Trading can be dangerous if you don’t understand the risks.

Do yourself a favor, study up before you make a trade.

I’ll see you in the next letter.