Power Plays Update: Adding to IBIT
October 2, 2024

By Scott Redler

I am going to add to our Power Plays name iShares Bitcoin Trust ETF (IBIT) here.

I still believe Bitcoin can rally into Thanksgiving. But my timing on the original idea was off.

I'll consider this a small tier, leaving room to add again should the pattern strengthen.

IBIT now needs to hold the $30 to $32 area.

Stay tuned for more updates.

-Scott

Scott Redler Positions Disclosure as of 2024-10-02 at 2.07.00 PM