What if they're right about Bitcoin?
What if it is going higher, much, much higher?
These questions, asked anytime over the past 10 years, had only one answer: "They are right, it is going much, much higher."
So what now, how do the rest of us maximize exposure to a continued run up in Bitcoin? One answer: Buy Bitcoin and sit on it, watch as it continues to compound at 100% per year.
But here's a more intriguing response: You can leverage your Bitcoin bet with options, my particular speciality. I buy price breakouts with calls, sell price breakdowns with puts. Been doing it in a very public arena at BlueLineTradingSystem.com for the past 15 years, trading breakouts for the past 30 years, and options for the past 47 years.
But at Blue Line Trading don't trade options on Bitcoin, but we do trade options on two Bitcoin ETF's, IBIT and BITX (2X leveraged). As the charts below indicate, buying calls on BITX or IBIT when either one, or Bitcoin itself, breaks out of a parallel trend channel, can generate 5X or more the percentage returns of Bitcoin itself. For those suggesting we will wake up one morning with BTC trading above $250K, having a methodology for accumulating said ETF calls, is the absolute the best, and maybe only, leveraged bet in the arena.
Welcome to Blue Line Trading System, my name is Allan, my goal is to make you rich beyond your dreams and especially if, "they," are right about Bitcoin.
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BTC
A four month breakout in Bitcoin in late April leads to an immediate 33% gain into late May.
BITX
While Bitcoin appreciates 33% from Apr 16 into May 22nd, BITX, the 2X BTC Strategy ETF, is up 66% and BITX calls soar, up 200%
IBIT
Lagging BITX just slightly, IBIT runs up 33%, on par with Bitcoin, while IBIT calls are up a stellar 158%.
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I cover Bitcoin and its ETF's in both levels of Blue Line Trading option services, Premium for more causal traders and PRO for a more intense exposure to breakouts in a wider range of stocks across varied time frames. If you're just interested in Bitcoin, either service will do. If you want to hear from me virtually every day, go with the PRO Service (which also includes Premium Service, for an, "all the trades you can manage" buffet).
Now, the icing on the cake: use sign-up code: GOPRO@50% for 50% off your first month (either service).
One more thing: Look again at the charts above and take notice that all three are on the verge of fresh breakouts. A prelude to that run to BTC $250K? If so, Bitcoin is about to run-up over 100% and those new calls we will be buying are destined to go up 5X-10X. Now imagine all the breakouts still to come, on BTC's 20 year path to $13 million.
Yea, sign up now, so next time the subject of Bitcoin comes up someone will walk up to you and ask, "...and what are you smiling about?"