This chart was sent out as part of the March 6th Weekend Update: The Foreseeable Future: Here is the same chart updated through this morning: The pattern is for Bitcoin to run-up, consolidate and then breakout to new highs. There are two ways to play this pattern: (1) Buy & Hold, or, (2) Buy & Hold and Add on breakouts. As it was with TSLA last year, trying to trade in and out of Bitcoin carries too much opportunity risk. The last thing a trader of Bitcoin wants is to wake up at 3:00 am and see price up $10K after going to bed flat thinking you can scalp $2-3K on a retracement. Look at the names at the top of the flow of PR's announcing initial Bitcoin positions. When AAPL joins the fray, the fireworks will truly ignite.
