The Most Important Chart In Crypto

If Bitcoin is above its prior cycle's highs, then we own it. If it's not, then we don't.

If Ethereum is above its prior cycle's highs, then we own it. If it's not, then we don't.

That's it.

That's the strategy.

Here's what that looks like on paper:

And so how high can they go?

They can double. They can get back to former highs. They can go to the moon.

You choose your price target.

But for me, the more important level is not the target. It's the risk.

The reason I like these trades is because the risk vs reward so well-defined, and is skewed in favor of the bulls.

How high your price target is will depend on your time horizon and overall objectives.

But the risk is going to be the same for all of us.

So you tell me: Which one are you buying?

Or are you buying both?

What are your targets?

And why am I wrong here?

Tell me why this doesn't make sense.

Because I think it makes perfect sense.

- JC