Bitcoin is breaking out, as per our analysis from Oct 18th. Target is now $80k+, but potential into the $130K as per the Fib extension targets (shaded target zones). BTC BTC - Close-up Temporary resistance at top of trend channel, prior to REAL Wave 3 of iii breakout. BITO Calls While Bitcoin has risen about 10% from our Buy @ $65K, these calls are up 40%. If BTC can double and make it to $130K, these calls are up at least 5X, but we will probably rollover to higher, more leveraged strikes well before then. BITO If Bitcoin can double, so can BITO.
