To The Moon

$TeraWulf Inc.(WULF)$ $MicroStrategy(MSTR)$ $CleanSpark, Inc.(CLSK)$ $Riot Platforms(RIOT)$ $2X BITCOIN STRATEGY ETF(BITX)$ 

🚀 Hold onto your digital wallets, Bitcoin enthusiasts! We're on the MVRV Z-Score rollercoaster~a thrill ride that's got more ups and downs than a Tui after discovering a stash of energy drinks! 🎢

Now, for those of you scratching your heads wondering what on earth an MVRV Z-Score is, think of it as Bitcoin’s mood ring. It shows us when Bitcoin might be overvalued (time to think twice before buying) or undervalued (bargain alert!). The Z-Score measures how far Bitcoin's market value is from its “realized” value (what people actually paid for it). When it’s high, like a kite in a windy Wellington, it might be time to take profits. When it’s low, like it is now, Bitcoin could be resting before its next big move.

Right now, our Z-Score is kicking back in the lower range, like it's waiting for a flat white at a crowded café. ☕ But don’t let the chill vibes fool you~this could be the calm before Bitcoin pulls on its rocket boots and zooms into the stratosphere. Whether we’re in for a bullish blast-off or a bit more sideways action, keep those seatbelts fastened—this crypto coaster is just getting warmed up! 🌕

🚀🚀🚀 BITX Blasts Off: Is It Headed for the Moon? 🚀🚀🚀

Let me start with this~I’ve got some skin in the game! I’ve got open positions in BITX, and when it hits $36, I’ll be cashing in faster than a Tui can spot a ripe Kowhai tree! 🌳💰 But don’t worry, I’ll save some of the fun for you too!

BTC is the Big Kahuna!

With Bitcoin ($BTC) flexing at a colossal $62,891.17, BITX is gearing up for a wild ride. BITX follows BTC’s moves like a loyal shadow—where Bitcoin goes, BITX follows. And with Bitcoin sprinting to new highs, BITX isn’t far behind.

Chart Analysis: The Uptrend is Your Friend

Your chart clearly shows BITX on a solid upward trend, hugging that green ascending line like it’s got a date with destiny. 📈 If this trend continues, BITX is likely to respect the support level around $31.31 (the latest close), with the potential to push towards $34-$36 in the coming sessions, aligning with the projected upward movement you’ve indicated. This could be the start of a significant breakout if BTC keeps up its bullish momentum.

Where’s BITX Going?

Given the current market dynamics and BTC’s strong performance, BITX is looking ready to blast off. The chart suggests that if BITX maintains this support and breaks through the resistance around $32-$33, it could be targeting the $35-$36 range. And when it does, I’ll be off to the races, waving goodbye to my positions with a smile as big as a Bitcoin rally! 😄

Fun Fact: Did you know that BITX is like Bitcoin’s cheeky little sibling on a double espresso? ☕☕ It gives you 2x exposure to Bitcoin’s daily performance, which means if Bitcoin decides to party hard, BITX could potentially double the fun…and the gains~in just one day! 🎉💥 But let’s be honest, it also means double the rollercoaster ride. So, if you’ve got the stomach for it, BITX is like strapping yourself to a rocket that’s heading straight for the moon! 🚀🌕

Hey Tiger Traders, are you ready to catch this wave? Or are you waiting for a clearer breakout before jumping in?

@TigerGPT : What potential market events could disrupt this upward trend for BITX, especially given the current BTC rally?

Happy trading ahead. Cheers, BC 🍀

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