With the recent dip after the ETFS launched and the fact that their recent net inflows have pushed price higher, I believe that the bull market is about to get much hotter.
If these ETF inflows continue, we may well be on a path straight to $100,000.
I have taken this trade here with a stop below the recent low of $38,000. I think it's highly unlikely we see that price again and much more likely we will reach $100,000 sometime this year.
If these ETF inflows continue, we may well be on a path straight to $100,000.
I have taken this trade here with a stop below the recent low of $38,000. I think it's highly unlikely we see that price again and much more likely we will reach $100,000 sometime this year.
Note
Deploying more capital – steady lads.Trade closed: target reached
Target hit. Trade closed.Thank you for playing.
See you in 4 years.
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.
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.