Attention is drawn to Bitcoin as it quietly broke above $105K headed toward what either is a triple top or massive breakout above $110K. Let's look on the Daily chart. BTC Daily This is a familiar pattern to all PRO and Premium Subscribers (as well as those taking my online Trading Tutorial) as we watched PLTR and TSLA soar through much of 2024 putting in this exact pattern on short term and intermediate term charts. A clean break above $110K targets $160K, a 50% run and especially for our purposes, exponential returns in IBIT and/or MARA and/or BITX calls. This trade was triggered on Monday (link) but if Bitcoin takes out $110K there will be reason to get even more aggressive with Bitcoin calls. BITX is a 2X leveraged Bitcoin ETF designed to replicate 2X the move in Bitcoin. BITX 180 Minute Set-up to double if Bitcoin runs to $160K BITX Jun Calls If Bitcoin breaks out above its horizontal parallel channel, above $110K, the BITX calls above have 10X potential. Buy some now in lieu of IBIT/MARA, some on break above $110K. TLT - Update A familiar pattern that often precedes a dynamic move in the direction of the break. Slow and steady wins the race; looking for an acceleration down in TLT (higher interest rates) and for these puts to double or better from current price levels.
