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.
| Side | Price | Realized P&L |
|---|---|---|
| Buy Open | 54.04 | -- Closed |
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- gordieeee·2025-02-22TOPwhat's your price target?1Report
- serene sy·2025-02-24do you think it will go lower or it will turn aroundLikeReport
