Bitcoin (BTCUSD)

[actiontime]

You’re spot on ap! The comments from these amateur penny ante clowns is ignorable for its based in ignorance. The ignorance of the sea change ruling for GBTC and the industry! The odds now point to a Bitcoin ETF clearance either this year or next. Either way, the dye is cast for a change north. These fluctuations are IMO buying opportunities and adding to position. Why would BlackRock and many others apply for their respective ETF’s without strategically thinking this through their internal teams and external advisors? I used to be with the biggest IB as a senior person and these firms don’t leave much to chance, at all! They aren’t charting nor ray rah posting, they are looking at long term major hit divisions to build. For BlackRock, along with Fidelity and others focusing on this, with their teams and advisors, need I say more. This is a major opportunity before an ETF is approved and then adoption takes place along many fronts. Read Tom Lee’s interview the other day which fairly well sums things up, post an ETF approval.
I’m approaching this as a longer term evolutionary investment and not a trade at this time. No insults at all I’m insulating on this post whatsoever. Wishing everyone success!