IBIT (Bitcoin ETF) has hit the final target (52-53ish resistance, as per April 4th post). Consider booking full profits, reversing to short, and/or raising stops, if holding out for additional upside. Previous (April 4th) & updated 60-minute charts below along with the IBIT vs. QQQ comparison chart I posted along with that previous 60-minute chart highlighting the fact that Bitcoin was (finally) acting as the risk-off/stock market alternative asset that many crypto fans initially touted it as. (solid yellow arrows are always my preferred scenario)


