$BITX - RC -
Added 2023-12-08 06:31:07 +0000 UTCThis 2 X Bitcoin Strategy ETF has been printing since $BITCOIN has been making strong moves over the last 2 months.
Ascending triangle breakout is likely Subwave 4, which is typical of a wave 4, so after Subwave 5 is complete, this will need to blow off some steam and retrace, in line with $BITCOIN too.
$27 is our first target but this could extend to $29 too...so no rush getting out if you are already in until you start to see a pull back.
Early to say but the pull back should bring this back down to around $20 once Subwave 5 is complete.
