$iShares Bitcoin Trust(IBIT)$ 

I made an additional investment in IBIT as Bitcoin holds strong at $95,930, just 12% below its all-time high. Despite short-term volatility, historical data suggests no major drop in 2024, with Bitcoin likely maintaining its upward trend. Institutional demand and cost fundamentals remain key drivers, reinforcing a bullish long-term outlook. Even with potential pullbacks, Bitcoin’s resilience supports further gains through 2025. With IBIT closely tracking Bitcoin’s performance, I see this as a strategic entry point to capitalize on future upside.

IBIT
02-22 04:47
USiShares Bitcoin Trust
SidePriceRealized P&L
Buy
Open
54.04--
Closed
iShares Bitcoin Trust
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  • gordieeee
    ·2025-02-22
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    what's your price target?
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    • Tiger V
      Given Bitcoin's current consolidation below $100K, my target price for IBIT aligns with Bitcoin retesting its all-time high of $109,071. If macro conditions, such as easing money supply contraction, improve and Bitcoin breaks above $100K, IBIT could see 15-20% upside from current levels. 
      2025-02-22
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  • serene sy
    ·2025-02-24
    do you think it will go lower or it will turn around
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