Our next core option in the PRO portfolio will likely be BITO calls based upon a bullish pattern and pending Buy Signal. We have been nursing the wave count on this chart for several weeks, waiting for a confirmation because if it's running, the projection is $82K and then $100K, a reward range well worth the 50% risk. BTC The wave (i) high @ $66,550 is the key level to exceed to trigger a Buy Signal, as would be a breakout above the top channel trend line currently at about that same level. Let's round up and buy BITO calls anytime Bitcoin exceeds $67,000. A clean breakout above that trend line, leaving it far behind, ADDS confidence to this trade, i.e., consider adding more calls (and will probably be our trigger for a BITO position in the Premium Service). BITO A break above Wave 4 channel targets $28-36 over the next 90-120 days. Core Position Looking for mid-$20's by Jan expiration Aggressive Traders Aggressive traders only, looking for 5X by week after election, to be rolled into new strikes/expiration soon thereafter. RKLB New 52 week high pending. Rollover candidate if still running into Nov expiration.
