Trade Alert

Taking profits from Bitcoin trade

_{Posted by Club Member Bonds 3.1.24}

Bitcoin just broke above $45,000! Back in June, I posted that I was buying BTC at around $30,000. Taking some profits from this BTC trade now, will be closing half the position and reinvest it elsewhere.

I think the markets are front running the news of a pending bitcoin ETF approval. Previously BTC also rallied ahead of BTC Futures being approved in the US, only to see prices pullback after the actual regulatory approval.

Furthermore, there seems to be stronger price action elsewhere in crypto: Solana (+459%), AVAX (+207%), Cardano (+106%), all surged triple digits over the last 6 months!

Question for the club: Is anyone chasing the rally in these Alt coins? If so, which ones?

View Comments - Join the discussion for this trade!  

#Bitcoin #Trade Update #Questions

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