BITI or BITO now? for AMEX:BITO by johng2001

BITO

It just past the dividend ex-day sell-off and I'm watching it now .

I might jump in if it can complete consolidation soon.

BITI also need to be consolidated, but let's see which one come first.

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This is BTCUSD. I'm still watching and wait to enter.

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BITI

It seems that it can sync with DXY

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It seems that DXY will do up trend. it's not good for BTC bulls but BITI likes that
Let's see how long it can continue and then decide to trade which one.

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This is not good siginal for BTC bulls

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Be patient and marketing will tell you the truth.
No matter how tricky they want to play . ghost always hide in the details.
I guess I will open my first position very soon.

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DXY

I just extend Dxy to Weekly timeframe. and found the similar signal for those in 3 yellow circle.

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and another weird thinking comes to my brain. Vix option expire day is June 21th. before that date, if nobody buy call or put , how those big huge fund to deal with their huge amount option? let it expire or just see it being auto roll over to next month?

Sell in june and go away! and just save your money in High interest banking account. haha~

Let's see what will happen till Jun 21th.

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I won't short BTC at this moment.
but Under current situation, I don't think there still have good chance for BTC bull except traps set up by FED. trade safety and trade efficient.

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good job bulls, still have room but be careful and withdraw in time.

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dxy

staring the key point around 13:45 est. if it starts up, go away and can be back on night market.

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sell now

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admiring! bulls.

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keep going up till jun 13th

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this is last time I trade BTC like bull in June. and I'll start short BTC from June14th .let's see what will happen.

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dxy

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trade safety

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cherish time

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be careful

something might happen this weekend.

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Something really happened. who knows what it is?

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biti dump&pump

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BITO dump&pump

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hahaha~~~

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no more long position and just waiting to short

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In the coming weeks,No matter if there will be fake deal or real deal between US and China. The first catastrophe will happen in BTC section.

Let's see

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good luck!

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Shorting dead cat NQ has more priority than shorting BTC.

BTC bull might be safe before NQ goes down in coming week.

if NQ keeps in higher price and BTC keeps going down. I'll long BTC instead of shorting BTC in coming 3 days

Let's see if this will happen.

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I already have SQQQ position. so I'll long BTC untill NQ goes back where it should go.

hahaha~~

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if NQ is still green, you don't need to sell BTC even it hits the red line in RSI

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those news is just nothing but cheating.there is no crashing risk before NQ going below 13911.

Before NQ drops below 13911, buy each new lower BTC and sell it while NQ reach 13911.

hahahaha~~~

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take easy and enjoy the gift

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dxy

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you'd better leave if there is no more new higher before 9:30am

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you must leave if breaks down 25886, the third buy is the most dangerous.

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again, NQ should drops first and then BTC.

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I'll take small bite at the third buy entry. Btw, my bot1 & bot2 have already been automatic closed by my system. your money your decision.

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I give up the third bite so that I can keep profit for previous 2 bites. hahahaha~~~

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I'll trade BTC again between June14th and June15th.
I'm not sure if I need to short or long BTC at that moment.
I'm now just focusing on trading SQQQ & Uvxy.

good luck.

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not good for bulls

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btc bulls, you'd better exit now.I won't short BTC today, cause I'm busy with SQQQ. but I might start to short BTC from tomorrow

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it's over and just beginning.

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Vix option just start fist run roll over to next contract

I don't think there still have any BTC buy request and big sell off is coming soon.

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BTC Jun 2023 futures - First trade date Jun 27th and last trade date :Jun30th

I'll open first short position on Jun14th and second short position on Jun15th

Let's see what will happen in coming days.

trade safety and good luck.

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blowing and unloading, keep repeating till June 30th.

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hahaha~~

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lol

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Let's see how soon it will be.

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just beginning and keep going down

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dxy

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one way ticket ,told you already

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hahaha~~~

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it can be delayed but never absent. it's just beginning

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honestly, you'd better leave BTC now, hold longer lost more. Your money your decision.

Fed expects nothing from that meeting but still can collect money from BTC money pools.

good luck

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if you really like BTC, just wait a couple of weeks. long entry might appear again.

I already opened shot position this morning just like what I said last week.
and I won't close it. by the end of Jun. ( June 30th will be last valid trade day for bitcoin)

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yesterday once more. I'll keep shorting it whenever RSI touch the red dash line.

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another about 1500points dropdown will come very soon.

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tie belt, let's go!

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told you already, it can be delayed but never absent.
haha~~ thanks for your gift. loaded too much now

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Dxy

No matter which way DXY will go, BTC will be Sacrificed in highest priority.
Under current situation, BTC should be banned whatever it is within G7 or BRICS,

Honestly , Within G7 you'd by US$ and Within BRICS you'd buy CHINA YUAN .

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BITO

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dxy

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Use your brain to think it over.
Fed doesn't like money flow in BTC now. Fed may has no right and abilities to fight against BRISC directly. but it has enough power to take away money in BTC section on US stock marketing.

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Too lower to play. 500points ? waste time.

at least 1500 points and 5000 points will come soon.

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dxy

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Let's see if BTC bull can guard the support around 20840 by the end of June

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dxy

Blinken's china trip is over and fed can do whatever it already planed now

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dxy

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hahaha~~

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dxy

chicken, hahaha~~

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chicken again.

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still chicken, maybe hen, female. hahaha~~

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thank you. hahaha~~~

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what you've done today??? your boss will kick your ass.

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anyway, I really appreciate what you've done today. see you guys tmr.

hahaha~

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dxy

do you think your money can be hidden in BTC pool?
pls flow in together asap. save time for both fed and you.

hahaha~~~

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if you were not chicken, BTC would have reached 40k in March. hahaha~~~

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thanks for giving such big cake.

I'm all in shorting BTC now. Hope I won't be burnt by the end of June.

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Let money flow out of NQ and flow in BTC pool,.
Close the door and grab those chicken . hahaha~~~

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take a look dxy and btc chart and pay attention to the key date. and you'll know when you can short BTC and when you have to close your position.

DXY

BTC

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take a look the title of this post. BITI or BITO

told you why you should have your own strategies and do not just sit there to copy sth and report to your boss.

this is my Bito position. and will be closed very soon. hahahaha~~

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I'm not greedy guy. and I hope tomorrow my BITO sell order can be filled.

I need to get gain to short BTC and buy more Sqqq in this week.

to trade with your brain rather than your butt.

good luck.

Trade closed manually:

I wait for my gain and no more post on this thread .

I have to setup new plan and new target for the coming trade after July 4th.

trade safety and enjoy.

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I can not hold it till tmr and just closed BITO .