Below is from the PRO Service Alert, in relevant part, sent out earlier today confirming today's Bitcoin Sell Signal: "Absent a recovery back over $100K, this is a Sell Signal with Jan IBIT Puts at the top of my new trades list. Almost as important is the "Risk-Off" message this is sending to the stock market. We can watch BTC all weekend to build into expectations for how next week will go for stocks. More in the Weekend Update due out Saturday during the ASU v West Virginia game." BTC With BTC making its way well below $98K, we are buying the IBIT Jan $55 Puts as per our warnings of the past few updates.. A weak stock market close, i.e., making new lows for the day, could be the harbinger of a nasty tumble next week. More in tomorrow's Weekend Update,
