Long BITO Call Option - Dec/31 at $40
Bitcoin looked like it was going to tank and didn't.
As crypto basically trades off of successful and failed chart patterns (no fundamentals - sentiment driven given infancy of the industry) - a failed breakdown usually leads to another strong leg higher in the coming weeks.
As crypto basically trades off of successful and failed chart patterns (no fundamentals - sentiment driven given infancy of the industry) - a failed breakdown usually leads to another strong leg higher in the coming weeks.
Comment:
US equity markets also look like it was a failed breakdown as well - which is bullish for risk assets,