Bitcoin is making a new all time high today about $54K, which is up about $10K in the past week. The chart below suggests that $52-54K is key resistance and once broken will become key support. Let's round down and consider price above $50K keeps a six figure Bitcoin in the conversation for later this year. If so, the bullish repercussions for Bitcoin-related stocks will be enormous. It's time we put together a "Bitcoin Basket" of stocks focused on cryptocurrencies in general, and/or Bitcoin in particular. Two of these stocks are already in our 5-stock core long-term portfolio, so this isn't a pure "call to action," but it does add three new names which serves to diversify exposure to the sector. More in this weekend's update, due out tomorrow. Blue Line Trading: Cryptocurrency Basket Grayscale Bitcoin Trust (GBTC) Grayscale Ethereum Trust (ETHE) Microstrategy (MSTR) Riot Blockchain (RIOT) HIVE Blockchain Technologies (HVBTF)
