IBIT is following an ABC correction after creating a new ATH. Crypto market has been hitting ATH in market value and ETH/alts have been expanding upwards as BTC has stalled which shows a rotation from large caps to rest of the market. This indicates a bull market cycle and we will be looking for a Euphoric BTC new ATH before a top is made. This is a dip to buy and will load up some more IBIT options on red days this week
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.