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Bitcoin's Unstoppable: The next U.S. President won't matter!+67%COINBASE:BTCUSD NASDAQ:IBIT 🚀 Bitcoin’s Unstoppable: The next U.S. President won’t matter! +67% Potential! 🚀 In this video GEM, we dive deep into Bitcoin: Private Link below breakdown! Disclaimer: The video is long, but it is thorough and informative. Worth a full watch, IMO! 1️⃣ A detailed look at the "High Five Setup" with MASSIVE Multi-Year Cup & Handle and Bull Flag Patterns. 2️⃣ A historical review of CRYPTOCAP:BTC to uncover the characteristics of TOPS and BOTTOMS. Spoiler: We haven’t TOPPED yet! 3️⃣ Potential trade insights, including entry/exit points and price targets. PRIVATE LINK TO TV VIDEO: Drop your 2025 Bitcoin predictions in the comments below! LIKE | FOLLOW | SHARE STAY TUNED 🔔 Not financial advice.
COINBASE:BTCUSDLong
by RonnieV29
2
Understanding Bitcoin ETFs: What They Are and Why They Matter?1. What is a Bitcoin ETF? A Bitcoin Exchange-Traded Fund (ETF) is a financial instrument that tracks the value of Bitcoin and allows investors to gain exposure to the cryptocurrency without directly owning it. Bitcoin ETFs operate similarly to traditional ETFs, which track the value of assets like stocks, commodities, or indices. Managed by financial institutions, Bitcoin ETFs are available on traditional stock exchanges, making it easier for investors to participate in Bitcoin’s price movements through regular brokerage accounts. There are two main types of Bitcoin ETFs: Spot Bitcoin ETFs: Track the current market price of Bitcoin, directly reflecting its value. Futures-based Bitcoin ETFs: Track the value of Bitcoin futures contracts, which are agreements to buy or sell Bitcoin at a predetermined price at a specified time in the future. In the U.S., Bitcoin futures ETFs have been approved and launched on major exchanges like the New York Stock Exchange (NYSE), while spot Bitcoin ETFs are still under regulatory review by the Securities and Exchange Commission (SEC). 2. How Does a Bitcoin ETF Differ from Buying Bitcoin Directly? While both Bitcoin ETFs and direct Bitcoin purchases provide exposure to Bitcoin’s value, they differ in several key ways: Ownership and Custody Bitcoin ETFs: Investors own shares in the ETF, but not the actual Bitcoin itself. The ETF provider holds the underlying Bitcoin or Bitcoin futures contracts, taking on the responsibility of secure custody. Direct Bitcoin Purchase: Investors who buy Bitcoin directly through cryptocurrency exchanges or wallets own the Bitcoin and have full control over it, including the responsibility for secure storage. Access and Regulatory Oversight Bitcoin ETFs: Are traded on traditional stock exchanges and are regulated by financial authorities. This oversight ensures investor protections that are not typically present in cryptocurrency markets. Direct Bitcoin Purchase: Involves buying from cryptocurrency exchanges, many of which are less regulated and may lack certain protections offered by traditional financial products. Trading Hours Bitcoin ETFs: Trade during standard market hours, typically from 9:30 AM to 4:00 PM EST. Investors can buy or sell shares only within these hours. Direct Bitcoin Purchase: Bitcoin can be traded 24/7, giving investors the flexibility to enter or exit positions at any time. Taxation and Fees Bitcoin ETFs: Investors are subject to capital gains taxes and may also incur management fees for ETF administration. Direct Bitcoin Purchase: Direct Bitcoin investors are also subject to capital gains taxes. However, they may face lower or no management fees, depending on how they store their Bitcoin. Use of Leverage and Derivatives Bitcoin Futures ETFs: These funds allow investors to speculate on Bitcoin’s future price movements without holding actual Bitcoin. However, futures-based ETFs can be more complex, as they rely on futures contracts rather than spot prices, which can introduce tracking errors. Direct Bitcoin Purchase: Investors buy Bitcoin directly, holding actual units of the asset without derivatives or leverage, providing a more straightforward exposure to its current market price. 3. Why is a Bitcoin ETF Important for the Cryptocurrency Market? The approval of a Bitcoin ETF is a significant milestone for the cryptocurrency market for several reasons: 1. Broader Accessibility Traditional Investors: A Bitcoin ETF opens the door to traditional investors, especially those who may not be comfortable using cryptocurrency exchanges. Investors can access Bitcoin exposure through familiar brokerage accounts without needing to learn about wallets or private keys. Institutional Interest: A Bitcoin ETF creates an easier path for institutional investors to participate in the Bitcoin market, bringing in large amounts of capital. As institutions enter the market, Bitcoin's market liquidity and price stability may improve. 2. Increased Legitimacy The introduction of a Bitcoin ETF legitimizes Bitcoin as an asset class in the eyes of regulators, investors, and financial institutions. It signals recognition from regulatory bodies and increases trust in Bitcoin among mainstream investors. 3. Boost to Market Liquidity Bitcoin ETFs can increase liquidity in the market, as they provide a regulated and accessible means for both retail and institutional investors to gain Bitcoin exposure. Greater liquidity can reduce volatility, making the market more stable over time. 4. Potential for Price Appreciation With increased demand and accessibility, a Bitcoin ETF could lead to upward price pressure on Bitcoin. This is especially relevant for spot ETFs, which would require the fund to hold actual Bitcoin, thus increasing demand for the underlying asset. 5. Step Toward Broader Cryptocurrency ETF Adoption Approval of a Bitcoin ETF could pave the way for ETFs focused on other cryptocurrencies like Ethereum or Solana, expanding the options for crypto exposure within traditional markets. This could accelerate the overall growth of the cryptocurrency sector. 4. Pros and Cons of Bitcoin ETFs While Bitcoin ETFs offer numerous benefits, they also come with certain drawbacks. Advantages of Bitcoin ETFs Ease of Access: ETFs are easily accessible through traditional brokerage accounts, removing the need for new accounts on cryptocurrency exchanges. Regulatory Protections: ETFs are regulated by financial authorities, providing investors with protections that may be absent on cryptocurrency exchanges. Enhanced Liquidity: Increased market liquidity through ETF participation can reduce volatility and provide a more stable trading environment for Bitcoin. Professional Custody: ETF providers manage Bitcoin custody and security, making it easier for investors who do not want to worry about wallet security or private key management. Diversification Opportunities: Bitcoin ETFs can be included in retirement accounts or blended into traditional investment portfolios, broadening their appeal as a tool for diversification. Disadvantages of Bitcoin ETFs Limited Trading Hours: ETFs can only be traded during standard market hours, unlike Bitcoin, which is available 24/7 on cryptocurrency exchanges. Management Fees: Most Bitcoin ETFs come with annual management fees, which can reduce overall returns for investors. Potential for Tracking Errors: In futures-based ETFs, tracking errors may occur, meaning the ETF's performance may not accurately match Bitcoin’s actual price movements. No Direct Ownership of Bitcoin: ETF investors do not own Bitcoin itself, which means they miss out on the ability to use or transfer the asset directly. Market Dependency on Regulators: The introduction and ongoing success of Bitcoin ETFs depend on regulators’ willingness to approve and support crypto-based financial products, which may limit the ETF market’s expansion. 5. Outlook and Future of Bitcoin ETFs The potential approval of a spot Bitcoin ETF in the U.S. could be a game-changer. With increased institutional and retail access, the Bitcoin ETF market could drive greater adoption and legitimacy for cryptocurrencies overall. However, regulatory challenges remain, as the SEC has thus far resisted approving spot Bitcoin ETFs due to concerns about market manipulation and lack of robust investor protections. As regulatory clarity improves, we may see a broader array of crypto-based ETFs emerge, possibly including multi-asset ETFs that combine Bitcoin with other cryptocurrencies or assets, such as stocks or commodities. Furthermore, as institutional adoption grows, the role of ETFs in the financial ecosystem could increase, potentially influencing Bitcoin’s price dynamics and volatility as well. Conclusion Bitcoin ETFs represent a bridge between the traditional financial world and the emerging cryptocurrency market. While they offer unique advantages, such as regulatory protections and ease of access, they also come with limitations like management fees, limited trading hours, and the lack of direct ownership. For those who want exposure to Bitcoin within the security of a regulated investment product, Bitcoin ETFs provide a promising option. The success and potential of Bitcoin ETFs lie in their ability to draw both individual and institutional investors into the cryptocurrency market, making it a potentially transformative development for the financial world. As more countries consider ETF approval, and as the cryptocurrency industry matures, Bitcoin ETFs could play a pivotal role in the mainstream adoption and integration of digital assets. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
NASDAQ:IBITEducation
by Crypto4light
1
Bitcoin is almost there!CRYPTOCAP:BTC is at a VERY IMPORTANT level. This area has been an issue for the last few YEARS. One thing to notice is that #BTC volume is WEAK, look at yellow box. Do you notice that volume is UNDER the white line? That line is an average. This means that the recent volume is below average for 90 days = LIGHT. This could be because sell volume has been light. Now we need to consider, what will cause BUY VOLUME to come in & propel higher? #Bitcoin is almost there, good signs showing. Incoming volume to break out would be a huge plus!!! ETF's are great, we like AMEX:BITX for leveraged exposure and trading, but keep in mind; NOT IN YOUR WALLET, NOT YOURS!
CME:BTC1!Long
by ROYAL_OAK_INC
$BTC finally looking good at upper range of downtrendCRYPTOCAP:BTC is currently trading above the highs of last bull run. #BTC was here yesterday but it gave it back and rolled under. A lot of resistance in this area. How will it do today at close? Still in a downtrend but this is the best #bitcoin has looked when testing the upper part of the channel. Weekly it is looking great. ALMOST THERE!!! A little bit more! #crypto (Try and post here as much as possible but pls see our profile for more info)
CME:BTC1!
by ROYAL_OAK_INC
This volatility period is until October 11thHello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) This volatility period is until October 11th. Therefore, after this volatility period, we need to check in which direction it deviates from the 61099.25-65920.71 range. Since it shows that funds are flowing in through USDT, if the price maintains above 61099.25, it is expected to lead to an attempt to break through the 64748.70-65920.71 range upward. If it falls below 61099.25, 1st: 58697.01 2nd: 56204.13 We need to check whether there is support near the 1st and 2nd above. ----------------------------------------- USDT is showing a gap up. USDC is showing a gap down. If we interpret this, we can interpret that there may be a short-term decline, but it will eventually rise. The reason is that USDT has a broader market than USDC. In other words, it means that USDT has a stronger influence on the coin market than USDC. ----------------------------------- (NAS100USD 1D chart) With this rise, the BW indicator seems to have touched the highest point (100). Therefore, when the candle is created tomorrow, we need to check the price position. The current key is whether it can rise above 20313.8. However, since the StochRSI indicator is currently located near the midpoint, there is a possibility of volatility. Accordingly, we need to check whether the price can be maintained above 19852.4. ------------------------------------ (IBIT 1D chart) We need to check whether the BTC spot ETF is supported near 35.40 and can rise above the 36.32-36.64 range. If it falls below 35.40, you should check for support near 34.18. If the price is maintained above the middle point of the parallel channel, I think it is likely to rise. -------------------------------------- (12M chart) To draw a parallel channel on a 12M chart, - There must be at least 2 bearish candles in an uptrend. - There must be at least 2 bullish candles in a downtrend. (1M chart) To draw a parallel channel on a chart where waves have formed, we use the StochRSI indicator that was used to draw the trend line. That is, we capture the trend by specifying the candle at the point where the StochRSI indicator entered the overbought or oversold section and formed a low or high point. And, the third point of the parallel channel is selected as the lowest or highest point of the wave. Parallel channels are a tool for analyzing charts, so you can't create a trading strategy with them alone. Therefore, you definitely need support and resistance points drawn on 1M, 1W, and 1D charts. (1D chart) The reference line for drawing a parallel channel is line 1. Therefore, I think that passing line 1 means that there is a possibility of a change in trend. Therefore, we need to see if the price can be maintained by rising above line 1. Line 2 is also a reference line, and if it passes this, there is a high possibility of a change in trend. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will begin when it rises above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
New wave start section: 61099.25-65920.71 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- USDT is sideways, and USDC is showing a slight downtrend. -------------------------------------- (NAS100USD 1D chart) NAS100USD is sideways near 19852.4. If it is supported and rises near 19252.4, it is expected to lead to an attempt to rise above 20313.8. If not, and it falls, it should check for support near 19582.6, which is an important support and resistance area. -------------------------------------- (IBIT 1D chart) IBIT is the stock with the highest trading volume among spot ETFs. Since the current chart was created not long ago, the role of support and resistance points may be weak, so caution is required when trading. The key is whether it can rise above the 36.32-36.64 area and receive support. If not, 1st: 35.40 2nd: 34.18 It is necessary to check for support near the 1st and 2nd areas above. In particular, the M-Signal indicator of the 1W, 1D chart is passing near 35.40, so it is important to check whether there is support near this area. From a trend perspective, the area near 34.18 is near the midpoint of the parallel channel, so it is an important support and resistance point. - With the launch of investment products related to BTC in the stock market, the movement of the stock market cannot be ignored. Therefore, caution is required as the movement of the coin market may follow the movement of the stock market. However, if more funds flow into the coin market, there is a possibility that it will show an upward trend regardless of the movement of the stock market. In other words, there may be cases where investment products in the stock market rise while other stocks fall. Therefore, there is no need to pay much attention to the movement of the stock market. Currently, when the movement of BTC is slowing down, that is, when it is moving sideways, it is only worth referring to the movement of the stock market. -------------------------------------- (BTCUSDT 1D chart) As mentioned above, the USDT and USDC movements are weak sideways, so it seems that there is a limit to the increase. Therefore, if USDC does not fall any further, it is expected to maintain the current level or rise slowly. Otherwise, if USDC continues to gap down, we need to check for support near 61099.25. - The points 64748.70 and 65920.71 correspond to the HA-High indicator points on the 1W and 1D charts. Therefore, it can be interpreted that a high point section is formed across the 64748.70-65920.71 section. The HA-High indicator point on the 1M chart is formed at 61099.25, so it has already risen to the high point range from a long-term perspective. Currently, the HA-HIgh indicators are arranged in a straight line. That is, HA-High on the 1D chart > HA-High on the 1W chart > HA-High on the 1M chart. Therefore, if it continues to rise and maintains the price above 65920.71, a full-scale uptrend, that is, a stepwise uptrend, is likely to begin. - To do this, it is recommended that the StochRSI indicator on the 1M and 1W charts is not in the overbought or oversold range. This is because I think it will receive great strength if the value of the StochRSI indicator is in the 20 to 80 range when the first uptrend begins and shows an upward trend. Currently, the StochRSI indicator on the 1W chart has entered the overbought zone. Therefore, even if it rises right now, it will eventually show a downward trend. Therefore, I think it is important to maintain the price above 61099.25 after this period of volatility. -------------------------------------- The most important thing when trading spot is whether the price moving averages are aligned. If the short-term to long-term moving averages are aligned, the upward trend is likely to continue. Currently, the price moving averages of BTC are aligned. However, the short-term and medium-term moving averages are converging. Therefore, if the current price level is maintained, an upward trend is expected to begin. Currently, the M-Signal indicator on the 1M chart is rising near 52K. Therefore, if it falls as much as possible, it is expected to fall to the M-Signal indicator of the 1M chart. In any case, from the perspective of the trading particle, the 61099.25-65920.71 section is the high point section, so whether there is support in this section is very important. It is the last buying section before the full-scale uptrend begins, but it can also be the starting section of the downtrend. Therefore, depending on which direction the price deviates from the 61099.25-65920.71 section and maintains it, a new wave will be created. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the full-scale uptrend will begin when it rises above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
$BTC doing exactly what we said...Was away and have not posted here in some time. Was away and had a few things neded to take care of. Please see profile for more info on that. Will consolidate everything we have said on #Bitcoin over last few days. CRYPTOCAP:BTC was worth a shot early this week or late last week. We bought overnight Sun - Mon. Mid 60's is likely around the corner. Don't see #BTC in the high 60's but 67k is definitely possible. Buy volume is still WEAK. Not crazy about that BUT at least it has been more buys, sellers might be done for now.
INDEX:BTCUSDLong
by ROYAL_OAK_INC
1
$IBIT 4-Hour Chart Gaps Continue to Fill and Leave Clues for BTCThis new leading 'indicator' for lack of a better term, continues to be accurate and 100% since the NASDAQ:IBIT inception. Every single gap has filled, except one recent one which I believe will resolve to the downside at some point below. The 2nd IBIT Gap just filled on this mini-rally today, so I think we head lower to fill the other lower unfilled gap as noted. Although it's showing a nice hammer reversal candle and Bullish Engulfing candle here. So If it breaks and holds above $33, then we likely push higher for a time. There's no time limit for filling these gaps unfortunately. But I think we'll re-test recent price action on Bitcoin around GETTEX:54K , which would be a nice buying opportunity. Unless the markets continue to get spooked with election / econonomy fears. Also, since the CPI came in as expected there's less reason for the FED to drop rates .50 basis points which is what I thought could be a short term catalyst to rally prices. As of today's CPI news, there's an 85% chance of just a .25 basis point cut. I can't foresee any positive bullish news in the short term, so I'm expecting September to continue to be rangebound, choppy, and re-test recent lows. BTC.D does look bullish here, so I'm focusing attention on Bitcoin and SOL buying zones mostly. Really curious to see if and how long this 4-hour NASDAQ:IBIT chart and 'gap trading' continues to work... Shhhhh, for now I've found something new that's working :) Feel free to like and share. More info in my bio. - Brett
NASDAQ:IBITShort
by BrettFogle
$BTC $IBIT long position trade entry execution planDownside targets to go long are: @ < $56k @ GETTEX:46K @ $42.3k @ GETTEX:41K when the market resumes its high timeframe uptrend I plan to go long with my capital in 3 stages. Stage 1 and 2 may overlap. Stage 1: I plan to DCA during September/October. Stage 2: I plan to buy fear, uncertainty, doubt and capitulation. Stage 3: I plan to buy when the market resumes its upward bull market uptrend. I will try to remember to update the trading page when i deploy capital. Follow my substack for a more detailed written explanation of my execution strategy. substack.com
COINBASE:BTCUSDLong
by yomofoV
$IBIT Gap Filled As Forecast (New Leading Bitcoin Indicator?)Proof that this works? So far it's 100% accurate. Every single 'Gap' on the NASDAQ:IBIT 4-Hour chart has filled. Refer back to my prior videos showing this, and while this does NOT mean it will continue to work forever... It's certainly a curious anomoly. And likely works based on the same principals as the CME gaps which typically fill 99% of the time (There's still an unfilled gap on the Bitcoin CME at $9750 as I recall). But who's counting. Going forward, I'll be using this as an additional guide to where price may be heading and potentially reversing to, before resuming trent. Like and share this with your other trader friends, as this has been very interesting to monitor!
NASDAQ:IBITShort
by BrettFogle
1
"Powell and Trump's Pump" & New Study Showing BTC Fractal TargetWe had a nice pump in the markets today, stemming from J Powell's comments from Jackson Hole signalling not only one rate cut coming in September, but likely multiple (not priced in). RFK also kinda sorta endorsed trump but still kept the Hail Mary option open for him to still get elected (Don't hold your breath, although I'd love to see that. RFK had a great speech at Bitcion 2024 and is a good man, but doesn't have the votes). Markets reacted positively and some are boldly saying 'The Bull Run is Back'. 🚀 We shall see. Students of Hurst's Market Cycles will also note that this week (tomorrow the 24th preciely) should be the weekly cycle low, so that could also be a contributing factor. In this video, I briefly review the NASDAQ:IBIT chart showing one open unfilled gap lower (this can take awhile and so this is still on the table) as well as the new BTC fractal study I mentioned. (But I forgot to share the DXY chart showing that we're testing the important 101 level, which is looking like it's going to cut right through it like a hot knife through buttah). Most interesting... Check out this fractal overlay I pulled from earlier in the year, showing the possible path of Bitcoin higher, and that almost exacly lines up with current / previous trendline S&R as well as my Fibonacci price target of $150, which you can review in some of my other posts here... Finally seems like we'll have the wind at our back soon. While this was a nice breeze, I'm going to remain cautious and wait for confirmations higher to go 'all in'. For me, that's seeing confirmed closing price action above $74k. See the video for some specific / excact entries. If you'd like me to cover anything in future videos, leave a comment below. Thanks again to the TradingView team for choosing my last video as 'Editors Pick' today! 🚀🚀 Keep up the good work guys!
CRYPTOCAP:TOTAL3Long
by BrettFogle
2
Bitcoin Update on the Top 10 Factors Leading to $150k - $250kIn this video, I'm updating a few of the factors we've been following for the past year, that could lead to a $150k - $250k or higher Bitcoin this bull-run. With some breaking news today, we're starting to see more of the dominoes fall in our favor. Namesly: 1. The Norweigan government just announced a "Norway Sovereign Wealth Fund’s Bitcoin Spree" of buying, which is very Bullish and should lead to increased country interest both as an investment and also inevetiably in making Bitcoin it's financial reserve asset. AKA - This is a Country FOMO Starter Kit. "Norway now indirectly owns 2,446 BTC through its investments in crypto stocks. That’s bullish news for Bitcoin. It paints an enticing picture of global sovereign support for the BTC price." 2. The BRICS nations now total 159 countries. What that means is a growing trend away from the Dollar (The DXY is crashing as of writing this and as I cover in the video). Less demand, equals more supply, and that can lead to hyperinflation (Unless the US moves toward a Bitcion Standard and as Trump recently stated, buys a large block of Bitcoin to add as a reserve asset). 3. Morgan Stanley recentl announced it's giving the 'Green Light' for it's army of financial advisors to start recommending Bitcoin to it's high-net worth clients. While they are starting out cautiously, this is clearly a trend that will continue and lead to other institutional FOMO. For these reasons and more, I've updated my 'Path to $150k -$250k Bitcoin Study' per the video. Would love to hear your toughts, and if I've missed anything at the macro level. I'm actively following a few newer theories related to massive liquidity about to hit the markets which should drive risk assets like Bitcoin higher as well. Cheers
COINBASE:BTCUSDLong
by BrettFogle
BlackRock Bitcoin ETF Is Forming An Intraday Bullish SetupIf we take a look at the hourly chart of BlackRock Bitcoin ETF with ticker IBIT, we can see nice and clean five-wave intraday rally from the lows, followed by an a-b-c corrective setback with first support at 32 area, while second deeper one would be around 31 area. So, seems like it's forming a nice intraday bullish setup formation, thus watch out on a bullish continuation, while it's above 28 invalidation level, just keep in mind that bulls may step in above 34.15 level.
NASDAQ:IBITLong
by ew-forecast
New IBIT Downside Gap To Fill Signaling Bitcoin RetracementWe have been following the BlackRock NASDAQ:IBIT 1 Hour and 4 hour chart since it was released earlier this year, and noticing that... Like the CME chart gaps, the IBIT chart gaps also similarly seem to fill. EVERY ONE SO FAR. So I'm now eyeing this lower gap to fill, and since the IBIT tends to be a leading signal to Bitcoin price, I'm expecting Bitcoin to drift lower to re-test recent lows before heading higher again.
NASDAQ:IBITShort
by BrettFogle