TA On New BITCOIN ETF HBIT $8.50 Canadian dollars or or HBIT.U $6.36 USD
Don't be part of the mass that says "I should have bought Bitcoin when it was cheaper!" It's DIRT CHEAP! 1/40th of its stable state from my rough calculations where where 1 Satoshi is worth one penny (or so).
Watch HBIT's volume increase as institutional whales come into the the world's new BITCOIN ETF!
HBIT (Canadian dollars, TSX) or HBIT.U (US Dollars TSX). Tradable on Canadian's largest legacy stock exchange. Please comment on who you think is Canada's largest new world exchange (aka crypto exchange)? Volume is non-existant today because the ticker it too new, after 1-3 month, large, rule limited, institutions will be able to buy into Bitcoin on paper, via the Toronto Stock Exchanges.
This is a sleeping whale. And sub $7s were the all time lows... We're at bottom.
For now, if you're stuck in TFSA and RRSP self investments and can't figure out the hassles of crypto exchanges although netcoins.ca seems to be great for novices, and want the cheapest way to buy bitcoin, Horizons is not the safest custodian because ETFs are not real assets, they are paper backed by crooked paper.
This is an easy long and hold until Bitcoin is widely adopted and used on something as mainstream as Apple Pay or Visa Networks.
This ticker is getting struck by Lightning! ⚡
Caution, this is Bitcoin tracked, so expect stormy times. 🌩️ as we head to $2M Bitcoin "steady state" where 1 Satoshi is worth one penny (or so)
Bullish (green) and bearish (red) circles what to possibly look for on the MACD and Moving average cross overs on the daily charts which is the swing trading default it seems.
