ProShares Bitcoin Strategy ETF (BITO)

[DCALongRun]

The first few weeks will be dominated by scalp traders imho. Longer term players will kick in after a few months (3 months). Bitcoin did have a double top recently. Many sell double tops. There is a debate going on if this is a temporary selloff to go on higher or a selloff that will be down for a years. Many are waiting on the sidelines to see before they jump in.

The big question is the US dollar. If inflation continues to go up, this will probably go up. I see gas at 7.59 for regular and 8.50 for premium. In Gorda, CA.

You make some good points it would be nice to see an index etf of cryptos.