Trade Jolt

20x Your Bitcoin Investment!

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Published	Deadline	Asset
Tue Feb 13 2024	Sat Jun 21 2025	option
Sentiment	Risk To Reward	Jolt Maker
bullish	0%	sdadesky
Minimum Outlay	Jolt Guidance Cost	Max Loss Per Pos
$ 150	$ 25	$ 150
Min Gain Per Pos	Max Gain Per Pos	Duration
$ 500	$ 3,000	41 days
Optimal Conditions	Brokerage Conditions	Account Restrictions
Underlying price below 22.00	Ability to trade option spreads, both bullish and bearish, with defined risk.	Allowed in Regular and retirement accounts (IRA s)
Probability Gain
67%

Supporting Graph
Rationale
We've been bearish on Bitcoin until very recently. However, a spate of events now flips our expectation, making Bitcoin an extremely bullish play.

Four factors should propel Bitcoin to double over the next year, in our view.
1. Bitcoin's halving - coming in May - will cut the supply of new Bitcoin's in half. Supply down , price up.
2. The SEC has removed the barrier to institutionalized investing into Bitcoin by approving Bitcoin ETF's
3. All the major brokerages (Schwab, Fidelity, JP Morgan, etc) are now actively promoting Bitcoin ETF's
4. The Fed is likely to lower interest rates in 2024, which tremendously favors Bitcoin and other risk-on investments.
Description

Check out the graph of BITO , BITO is an ETF that uses CME futures on Bitcoin to track the price of Bitcoin. See how it just breached its recent pivot point high at $23.43.
We believe it may correct down a few points, but then will complete a mirroring Fibonacci wave to retest its all time high of $33.50. This will parallel Bitcoin's expected move from $49k (at time of writing) to its all time high around $66k.
You could ride this up over the next half year and make a 30% gain on your investment. Not too shabby. Or.... you could use options on BITO to make $1000 to $2000 for every $150 you invest.
We like that a lot better. If we're wrong, and Bitcoin drops or stagnates over the next half-year, we'll lose the $150. We think the Gods of finance will smile upon Bitcoin and reward us.
Want to participate on this trade.? We reveal the how and why in our guidance, at a cost to you of $25. Only invest if you have an options trading account, or are willing to open one. See you in the guidance forum!

Disclosure: Investing in options and crypto is inherently risky. This is not a solicitation to buy or sell.Please read our options disclaimer on this site before trying to emulate any trade shown here.

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