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Hong Kong ETFs went live 9pm Apr 29 EST (9 am Apr 30 HK) 130k EOY?

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Hong Kong ETFs went live 9pm Apr 29 EST (9 am Apr 30 HK) 130k EOY?

Awesome 32nd Birthday.
Morgan Stanley is opening up its funds to BTC ETFs.
Hong Kong ETFs are now live.

I'm inclined to believe that we are on path for a 140k EOY price Target with primarily Stock to Flow combined with now around the clock demand driving up the price. When NYSE and USA is asleep, Hong Kong is waking up.

I know my Fibonacci fans look superfluous but I have a method to my madness. I extend from the cycle lows and project to next cycle lows, as well as from the first dip after trading actually occurred projected out to the last dip that aligns logarithmically.

Q4 2024 (Before End of Year) shows either a breakout above 130k, or an invalidation of the Green projection which will need to be redrawn. In fact, if the price drops below $56k this week, $57 the week after, or $58k beyond that, we will need to reconsider the green trend.

Double dipper FIbber forecast. Totally Valid. Trust me bros.

EOY Convergence at New Years of Blue and Green Trends at $130k

Green trend from first true Baseline to last cycle Low after peak. Blue trend is from first major dip after first major peak to the second to Penultimate dip.

https://preview.redd.it/wde8stj6rixc1.png?695&format=png&auto=webp&s=bf426cc3ee71bb68f88e30e50f31b38b99d5f382

The Hong Kong Exchange Tickers are separate for both USD and Hong Kong Dollars. Technically the Market opens 9:30, so 4 minutes left.

submitted by /u/the_ats
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