Bitcoin: On The Run

 

Bitcoin (BTC) Hourly (Sunday Noon MTN time) 

If you wake up Monday and BTC is above $120K, you know what to do. 

Last Sunday I asked this question: What if they are right about Bitcoin?  We looked at  IBIT and BITX as possible conduits for a play on Bitcoin, using our favorite tradable, options. You don't have to be an expert, or even somewhat knowledgeable on crypto to benefit from a run higher in Bitcoin, all you have to be is familiar with options, or know some who is, whose advice you have come to respect, maybe someone who is has been handing it out free on Sundays for 15 years and for a modest fee during the week.

Why pay me for what I give away for free in these Sunday AllAllan updates? 

Because paying for advice makes you much more likely to follow it.

Had you done so last weekend, this is how you would have fared last week:

Blue Line PRO Service

Blue Line Premium Service

Also in the Premium Service, from May & June trades:

Bottom Line: We at Blue Line are dedicated to following Bitcoin with options in both services, leverage bets on Bitcoin, using the same proven price pattern, our  Volatility Breakout System, to jump on board as Bitcoin's price zigs and zags its way higher, the next new thing in the merging of technology and finance.     

Bitcoin Charts - Updated

BITX

IBIT

Excerpt from July 11th Blue Line Premium Update

"Based on action this week, they may be right about Bitcoin. In the mid-week update I expanded on this 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

Apart from Bitcoin, Gold and Silver both look interesting going deeper into the 3rd and 4th quarter of 2025, and AI keeps chugging along. We are looking to go Long calls in a new name, described in the Weekend Update that went out Saturday. Between Bitcoin, Gold & Silver and Stocks, there is always something breaking out or breaking down, with options providing ample leverage for juicing returns. 

Top 25 Trades - Premium Service 

I've posted a "Top 25 Trades 2024-2025" for both the Premium and PRO Services up on our main website - no paywall, free for all to review: Link

Of the top 25 trades, both Bitcoin (via BITO) and Gold (via GLD) are well represented, especially in the Premium Service, where 8 of the best 25 trades (or 32%) are calls in either in Bitcoin or Gold:

Blue Line Premium Service 2024-2025: Bitcoin (BITO) or Gold (GLD) 

 

Blue Line Trading System -  Sign upJoin 

Use code: GOPRO@50% for half off first month.