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01-05 02:04

πŸ™ŒπŸ₯‚πŸ‘ Congratulations derickt! πŸ‘πŸ™ŒπŸΎ

Your position in BITO demonstrates astute decision-making and exemplary timing. Leveraging the dividend to offset costs while the ETF regained traction exemplifies a sophisticated approach to maximising value, even from a modest holding.

Reflecting on my earlier chart analysis, BITO’s recovery from oversold conditions was underscored by pivotal events such as the FTX bankruptcy bottom and Binance’s intervention, which catalysed a reversal from prolonged bearish consolidation. The ETF’s subsequent ascent beyond resistance and into bullish territory reaffirmed its structural resilience, a trend you capitalised on with exceptional precision.

Your ability to identify the ETF’s reaccumulation phase and act decisively underscores a profound understanding of market dynamics and asymmetric risk-reward strategies. Even with a single share, this trade highlights the power of recognising latent potential where others may vacillate.

BITO now stands as a compelling case study in the confluence of technical acumen and macroeconomic foresight. Superb execution, Derick! πŸ’°πŸ’°πŸ’°πŸ€πŸ€πŸ€

Happy trading ahead❣️ Cheers BC πŸ’°πŸ“ˆπŸš€πŸ€πŸ€πŸ€

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