ITM Trading, Released on 11/21/24

“I said Bitcoin is going to hit $100,000—it’s a psychological level,” asserts Bert Dohmen, founder of Dohmen Capital Research, in a conversation with Daniela Cambone. While bullish on its potential, Dohmen warns of Bitcoin’s speculative nature and inherent risks: “If Bitcoin is suddenly declared an illegal currency, it’s going to zero. Do you want to take that risk? That’s up to you.” Dohmen also predicts a possible 20-30% correction in overvalued sectors of the stock market, viewing it as a normal phase in market cycles and an opportunity for strategic investments. Looking ahead, he takes an optimistic stance on AI, calling it “fantastic” to reshape industries in the coming decade.

00:00 Donald Trump
3:03 Stock market euphoria
5:32 Magnificent 7 and AI
8:26 Elon Musk
10:22 Post election
12:31 Bitcoin rally
15:09 Tariffs
17:07 China
19:34 Commodities/gold
24:07 Gold
26:48 Goldman Sachs’ prediction one gold
27:04 Health
32:48 Movie industry and Bert’s story
34:49 Medicine

Bert Dohmen is the founder of Dohmen Capital Research and an author. He is also a renowned technical analyst, having called most market turns within days for 43 years. Bert’s “Theory of Liquidity & Credit” has allowed him to predict stock market crashes such as the Crash of 1987, the NASDAQ in 2000-2003, and the near-meltdown in 2008. In 2007, he predicted the coming crisis in his book, “Prelude To Meltdown.” 

  Bert Dohmen, bitcoin, election, gold, investing