BTC ETF: If you had been holding off from buying, now's the time

2024年1月26日

I'm positive the post ETF selloff is over, GBTC redemptions slowing down for 3 days, and 4h is showing a bullish Timemode pattern. (also forming in spot #BTC)
Low risk entry here, I favor IBIT personally, but ETF selection is up to you.

Best of luck!

Cheers,

Ivan Labrie.

2024年1月26日

註釋

So far, so good...

2024年1月26日

交易結束：目標達成

4h target hit

If you bot with sizing based on the 4h chart, your stop was tight and position likely very large.

You can reduce size now, considering long term signal is invalidated below 24900 in BTCUSD spot charts, that would be a 40.54% fall from here, so size accordingly...depending on your risk tolerance.

Best of luck!

2024年1月29日

註釋

Trend signal expires by tomorrow at 13pm GMT-3.

I don't know if this will impactful, as we could be forming a weekly trend signal here, now that the GBTC dumpage and rotation away from crypto proxy stocks into cheaper spot ETFs with almost perfect correlation to spot Bitcoin is likely over.

I generally think most crypto related assets will go higher from here long term.

2024年6月4日

註釋

Update...