Bitwise Bitcoin ETF
Long
Updated

Bitwise Bitcoin ETF | BITB | Long at $46.25

85
It definitely should get everyone's attention when a US Senator (David McCormick) is willing to dish out up to $600,000 in a Bitcoin ETF ( BITB ):

  • Feb. 27: Bought $50,000 to $100,000
  • Feb. 28: Bought $15,000 to $50,000
  • March 3: Bought $50,000 to $100,000
  • March 5: Bought $15,000 to $50,000
  • March 10: Bought $50,000 to $100,000
  • March 11: Bought $15,000 to $50,000
  • March 13: Bought $15,000 to $50,000
  • March 20: Bought $50,000 to $100,000


Something may be brewing this year with the "U.S. crypto reserve" and I'll throw down a couple grand at $46.25 with a self-proclaimed wild prediction into 2026: Bitcoin to $120,000.

Bitwise ETF Targets:
  1. $50.00
  2. $55.00
  3. $60.00
  4. $65.00
Trade active
Target #1 reached for an 8.1% gain.
Note
Target #2 reached for a 19% gain.
Trade closed manually
Closed trade at $56.00, achieving both targets #1 and #2. While the Bitcoin price may continue to rise, I'll take my profits and wait for a better entry in the future if one emerges.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.