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Feb 2, 2024 4:25 PM

ARKB Picture Becoming Clearer Long

ARK 21Shares Bitcoin ETFArca

Description

The farther we get from the launch of the BTC ETF, the clearer the picture becomes. We had a bit of euphoria and then a typical sell the news event. ARKB is now consolidating between $42 and $44. Although we don't have too many data points yet, on the 65min chart it's now back above and surfing the 20 and 50 EMAs. With the Bitcoin halving just a few months out, this will be interesting to watch.

Comment

There she goes. Clear breakout from the range.

Comment

Gap up, gap up, gap up

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Wow. Just wow.

Comment

Not bad huh? lol
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