Last weekend I posted this treatise on Bitcoin over on my AllAllan free site: What If They're Right About Bitcoin? Based on action this week, they may be right about Bitcoin. In the mid-week update I expanded the thesis for paying customers, suggesting a break above $112K would be a trigger for the next leg up, recommending September calls in IBIT and/or BTIX. Since that update, Bitcoin is up about $8K and since Sunday's treatise, Bitcoin is up about $10K. By the end of the third quarter (Sep 30) Bitcoin should be between $128K and $150K and by the end of the fourth quarter (Dec 31) Bitcoin could very well be knocking on the door of $200K. Then, into 2026 and beyond, we could be targeting a seven figure price for BTC, but let's not jump the gun, first, the immediate Fibonacci targets need to be reached. How quickly that occurs will bear heavily what comes next and how long it will take. Whatever the outcome, once $120K is overcome, it's ,"To the moon, Alice, to the moon." - R. Kramden. BTC Daily Premium Service Positions Move stops up from the -50% hard stop to break-even on these two positions, pending the triggering of the 50% trailing stop once calls are up 100%.
