CHART OF THE DAY: Is +130% Good?

03/27/24 09:00AM EDT

Timing the Bitcoin market can be nasty business, but we did a good job generating #Alpha for our subscribers, as you can see in this chart from today's Early Look:

  • We were long the 2021 mania
  • We got you #Out at ~$51K
  • Made money on the short side from $51K → $16K
  • BTC Bottomed ~$17K
  • BTC went to Neutral TREND at ~$26.8K
  • We missed the $17K → $26.8K move (57%) move off the bottom
  • We got long on 10/23 at ~30.5K

So, we missed the first part of the move but captured the 30.5K → 70K breakout following the flip to Bullish TREND

In other words, +130%. #timestamped.

CHART OF THE DAY: Is +130% Good? - BTC CoD1

CHART OF THE DAY: Is +130% Good? - large image  18

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