ethmike

Long Bitcoin for The Havling Pump on April 20, 2024

Long
ethmike Updated   
BITSTAMP:BTCUSD   Bitcoin
Narratives:

  • The Halving is not priced in. It's never priced in.
  • There will be no more supply of Bitcoin as the halving will cut the supply in half.
  • A spot ETF represents the new paradigm; inflows never cease.
  • With the ongoing geopolitical events, Bitcoin is considered a safe haven asset.


Take profits when an All-Time-High is reached.





Trade active:
Scaled into spot long position around 61K.

If GCR is bullish, I'm bullish.
Trade closed: stop reached:
GCR used his followers as exit liquiity.

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