iShares Bitcoin Trust ETF - iSh
Investment Thesis
IBIT has experienced extreme capitulation with a 50% decline from highs and recent massive outflows, creating a technical oversold condition at $39.68. The combination of flow stabilization after $1.72B outflows, new options trading infrastructure expanding liquidity, and Bitcoin finding support around $85K-$90K suggests the worst selling pressure has passed. Entry at current levels offers asymmetric risk/reward as institutional infrastructure continues expanding despite short-term volatility.
Why It May Work
Why It May Not Work
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