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DarkHorseShelby_

Asset Managers are looking at IBIT - Bitcoin thoughts - May 2024

Long
iShares Bitcoin Trust (BATS:IBIT)  
DarkHorseShelby_  
BATS:IBIT   iShares Bitcoin Trust
Trend Analysis Harmonic Patterns Chart Patterns Bitcoin (Cryptocurrency) crypto assetmanagement bitcoinetf ETF
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trendanalysis harmonicpatterns chartpattern bitcoin crypto assetmanagement bitcoinetf etf
Sentiment seems to be that the cycle top is in. I disagree. The bitcoin ETFs are now opening up Bitcoin exposure to hedge funds and asset managers managing trillions of dollars, You have to ask yourself at this point, what is the likely hood that bitcoin has topped before the halving and now ETFs have opened the flood gates. I think very unlikely the bull market ends here.

IBIT
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