We've had some fantastic news on the Bitcoin
Investment Trust coming out with a similar ETF
plan as the Winklevi with a future Nasdaq listed COIN ETF
. BIT will be working through a loophole that allows them to be listed on the OTCXQ markets. This is coming at the right time as we were all wondering when BItcoin
would do a breakout of this key resistant trendline
. Well now we are in new territory and it is awesome! Caution though as always is my take on any long or short. Don't let ego or frustration ruin your play.
Still holding above our old resistance here 03/02/15 4:30 am central standard time.