
This is a follow-up to this post, https://t.co/58GBZbsTob In my above post, I mentioned "🎯 Buy 1/3: 2 weekly closes above the 50-week" Update: Change of plan. Instead deploying the final 3rd of my capital in a lumpsum, I'll be doing the following... $IBIT & The 50-Week Moving Average Analysis Even though the 50-week MA confirmed the macro bull trend, the journey was incredibly volatile. Trend-followers had to stomach five major pullbacks before the ATH was reached: 📌 Mid-January 2025: -13.3% (Peak $58.45 ➔ Trough $50.69) 📌 Late Jan to April 2025: -29.6% (Peak $61.08 ➔ Trough $42.98) (A massive shakeout!) 📌 June 2025: -11.1% (Peak $63.70 ➔ Trough $56.62) 📌 Mid-July 2025: -8.0% (Peak $69.46 ➔ Trough $63.93) 📌 Mid-August 2025: -12.3% (Peak $69.89 ➔ Trough $61.31) Takeaway: The 50-week MA kept you in the trade for the +31% macro gain, but you had to endure a brutal ~30% drawdown along the way to get there. So, what's a better plan? In my opinion, this is... If $IBIT closes above the 50W SMA this Friday by at least 2%, I will divide the final 1/3 of my capital into 4 parts, deploying 25% each Monday over 4 weeks. However, if at any point during those 4 weeks $IBIT closes below the 50W SMA on a daily basis, I will pause further deployments and re-evaluate the macro trend. NFA. DYOR.
