🚨I’ll be live at 10 a.m. ET with Nate🚨
 We’ll cover the bull and bear cases for a market still in “fear” mode, a couple of earnings plays, seasonals, a sector overview, a prediction and more [tap to join us for Opening Playbook]!
Everyone wants to talk about Robinhood (HOOD) and Bitcoin. I get it — the correlation is obvious, and when crypto runs, Hood usually follows. But Bitcoin isn’t even one of my main reasons for being bullish here.
I’ve been in this trade since $72, and we’re sitting on roughly 30% gains after Monday’s big bounce. A respectable move, but not the one I’m really waiting for.
The bigger opportunity comes later this year when several key forces line up. That’s when I expect this to finally turn into the kind of setup that rewards patience.
So for full disclosure: I hold a position in HOOD, I entered at $72 and remain long. Here’s why.
The Bitcoin Cycle Sets the Stage — But Doesn’t Drive the Thesis
Bitcoin is in a clear downtrend, and based on historical pre‑halving patterns, October tends to mark a major inflection point. In previous cycles, the months leading into the halving have consistently offered some of the strongest buying opportunities.
That’s why I’m expecting Bitcoin to bottom — or at least present its best entry — in the fall. When that happens, crypto‑linked names should start participating again.
But here’s the part most traders overlook: Among the crypto‑adjacent stocks, HOOD has quietly been the strongest performer. While Coinbase (COIN) and MicroStrategy (MSTR) have been hit hard during this downturn, HOOD has held up far better.
That relative strength tells you something. It doesn’t just move with Bitcoin — the underlying business is healthier, more balanced and less dependent on a single asset class than ever before.
The Catalysts Driving the Real Bull Case
While everyone else is fixated on Bitcoin charts, Robinhood is stacking real structural catalysts that matter far more for the next leg up.
First, the pattern day trading rule changes remove a major friction point for active traders with small accounts — one of Robinhood’s core demographics. With those barriers falling away, more users can trade more often without hitting restrictive requirements. That translates to higher engagement and naturally higher volume.
Second, Robinhood is expanding beyond trading by rolling out mortgage products. It’s early, but the direction is clear. If rate cuts materialize, mortgage activity should pick up, just like we’d expect with Rocket (RKT).
HOOD now participates in that same rate‑sensitive trend and gains another revenue lever that isn’t tied to the market’s mood.
Third, landing the Trump accounts brings a wave of visibility and new user interest. Regardless of politics, that kind of exposure introduces Robinhood to audiences who may not have been on the platform before, strengthening both brand reach and potential account growth.
And this growth is happening while Robinhood steadily takes market share from legacy brokerages like Schwab and E‑Trade. More new investors are choosing app‑native platforms, and Robinhood continues to show up at the top of that shift. That’s a durable advantage, not a temporary spike.
So while Bitcoin will eventually add fuel, the real foundation is already in place. A stronger business, more products, fewer regulatory barriers and growing visibility — all setting up a bigger move when the crypto cycle finally turns.
This is why I’m staying patient. The structural story is already bullish, and when Bitcoin hits its pre‑halving bottom in October, Hood could be one of the cleanest ways to capture the rebound.
Graham Lindman
Graham Lindman Trading
Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
- Telegram:https://t.me/+abM5RWRJKrpkNWI5
- YouTube:https://www.youtube.com/@NewMoneyCrew
Important Note: No one from the ProsperityPub team or Graham Lindman Trading will ever contact you directly on Telegram.
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.Â
P.S. Capitalize on the Halo Effect for SpaceX now!
You didn’t need to own a single share of SpaceX to take advantage of this historic IPO…
Not only that, but you can begin leveraging this massive momentum using a unique approach Lance calls the Halo Effect.
