BITI or BITO now?
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.
About ProShares Bitcoin Strategy ETF
BITO - the next wave up about to begin?Well it didn't quite trigger my buy signal but definitely in my value zone. With the debt ceiling drama done til....next year? are we back to risk on? SPY BITO what else? Possible a real cratering in bonds and gold. We will see.
Surfing BTC: BITO - Why dividends from BITO are a SILENT KILLER
TLDR: We are currently losing 10% per year to withholding taxes for "dividends" from BITO, which are not profits from futures rollover.
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If you were like me, holding BITO and gotten dividends since 1 Feb 2023, and every month after that (today is 1 June), you might have been pleasantly surprise
BITO, BTC & I'm Not SureBitcoin has had a meteoric rise since its creation
For the first time we will see how investors approach the coin in a truly deflationary bear market
But for now the coin and subsequently BITO are in the beginnings of a bull market rally
The questions are will they be a victim of the mania that d
BITO, FXE, GLD, TLTThe markets BITO, FXE, GLD, TLT are all under extreme downleg compressions. A resolution or resolution failure could cause an extreme reaction in any or all of these markets. If there is a marked retracement in any of these markets an out of the money call position could offer an exceptional oppor
$BITO Falling wedge long ideaBITO seeing some massive dark pool activity and chart looks bullish IMO as it's currently building a falling wedge and resting near 100DMA which has provided support and resistance recently
First target $17.70 , stop at a close below $14.80
$BITO OutlookPossible top soon so will remain neutral. Expect it to go up a little more but a possible short-term correction
ETF's in the cryptocurrency sector vs Bitcoin📉This graph shows the average price of the main ETF's in the cryptocurrency sector, and their correlation with Bitcoin.
🟢These are the ETF's aggregated here:
PROSHARES BITCOIN STRATEGY ETF
GRAYSCALE BITCOIN TRUST (BTC)
GRAYSCALE ETHEREUM TRUST (ETH)
AMPLIFY TRANSFORMATIONAL DATA SHARING ETF (BLOK)
BITO ProShares Bitcoin Strategy ETFBITO on resistance line too.
Will be BTC can stay and higher than $30k ?
MIL:BTC #btcshort
Going upIt might just last 12 hours or 3 days, but it looks like it's going up from here. Gold is the canary in the coalmine, and silver jumped 4% and hasn't seen a sell off. I think a large green candle on the 1 hr chart will present itself shortly. Why would people buy BTC when interest rates need to clim
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This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
