Bitwise Bitcoin ETF | BITB | Long at $46.25It definitely should get everyone's attention when a US Senator (David McCormick) is willing to dish out up to $600,000 in a Bitcoin ETF ( AMEX:BITB ):
Feb. 27: Bought $50,000 to $100,000
Feb. 28: Bought $15,000 to $50,000
March 3: Bought $50,000 to $100,000
March 5: Bought $15,000 to $50,000
March 10: Bought $50,000 to $100,000
March 11: Bought $15,000 to $50,000
March 13: Bought $15,000 to $50,000
March 20: Bought $50,000 to $100,000
Something may be brewing this year with the "U.S. crypto reserve" and I'll throw down a couple grand at $46.25 with a self-proclaimed wild prediction into 2026: Bitcoin to $120,000.
Bitwise ETF Targets:
$50.00
$55.00
$60.00
$65.00
Bitwise
Aptos ($APT) Bullish Signal and ETF PotentialAptos (APT) is currently exhibiting a descending wedge pattern on the daily chart, characterized by converging trendlines that slope downward, typically signaling a potential bullish reversal upon breakout. Concurrently, Bitwise Asset Management has submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking APT. This regulatory filing underscores growing institutional interest in the asset and could enhance liquidity, market exposure, and investor confidence if approved.
From a technical perspective, the Relative Strength Index (RSI) on the daily timeframe has formed a bullish divergence, with the price establishing lower lows while the RSI (14-period) prints higher lows. This discrepancy suggests weakening bearish momentum and strengthens the likelihood of a price reversal. Collectively, these factors position APT for a potential resurgence towards recent resistance levels, aligning with the projected breakout from the wedge pattern.
The combination of favorable technical indicators and the prospect of ETF-driven capital inflows presents a constructive outlook for APT in the near term.
Alex Kostenich,
Horban Brothers.