Technical Charts Show Bitcoin Poised for a Rally
— Charts, Betting, Technical, Bitcoin futures, Nice relief rally, Better price, Allowing investors — 1 min read
Bitcoin-Linked ETF (BITO) focuses on bitcoin futures, allowing investors, short-term or long-term, to get exposure to the leading cryptocurrency on a traditional market exchange. Jim Cramer noted that a chartist foresees a rally over the next few months. However, reaching that old high of almost $70,000 from back in November 2021 will take some time. Cramer: "I can’t countenance buying crypto here, but if you still own some and you want out, I’m betting that from this, if you’re another dip down, you might get a better price to get out,” Cramer added. The U.S. Bitcoin-linked Source