ALTERNATIVE ETFs other than FUTURES as a Trading STRATEGY

VALIDATION: Before & After the Fact

Although, there are other well recognize 'Alternative ETFs' relative to Bitcoin futures, as the cost to trade with CME is quite expensive compared with the CBOE when it comes to buying in even at the current prices. 

However, preparing for the timing before the turning point could not have been better from the shared Brief on 'Digital Asset' portfolio & analysis dated June 24, 2018 when #BTCUSD below 5900, #GBTC #ETF was below 9.00 and the newly launched  'Diversified Digital Large Cap Fund' #DLCF was priced at 5.83. 

These are actually bargain prices where the obvious institutional investors have taken advantage of. It pays to do 'Due Diligence' before the rally and realizes that prices have gone higher after the fact price update as of week ending July 27, 2018. 

Current prices as of week ending July 27, 2018 are as follows: #BTCUSD at 8188 with a high at 8506, #GBTC at 11.96 with a high at 12.36 and #DLCF or #DAH / share at 6.52 with a high at 6.71 respectively. 

VALIDATION on Market & Price CALL Period coverage 1 month in the making 

Before the Fact: 

Planning for the Next Turn as of June 22-24, 2018
TSOT - Brief Structure of a Digital Currency Portfolio 

After the Fact: 

Volumes Pushes Bitcoin above 8000 as of July 24, 2018

TSOT- Brief Structure of a Digital Currency Portfolio

Preparing for the Next Turn!

With Grayscale Investment Trust Fund recent February launch of its 'Diversified Digital Large Cap Fund' (DLCF), accredited investors would be able to gain access to get a deeper exposure to its weighted components in a more professional manner of investment criteria.

DIGITAL ASSET HOLDING Price / Share as of June 22, 2018 is at
$5.83 Net Day change of -6.87% Source Grayscale 

Here are the components market cap weighted percentage distribution in the fund where their Rebalancing schedule are on a Quarterly basis. This is based as of May 31, 2018

#BITCOIN - BTC - 55.2%  #ETHER   - ETH - 24.2% 

#RIPPLE  - XRP - 10.4%   #BITCASH - BCH -  7.4%

#LITECOIN- LTC -  2.9%

These components and their respective weightings would be quite useful in structuring our exposure to each or a selected group of Digital asset class both in CASH & FUTURES market. A strategic combination of asset class would be determined by monitoring 'Price Action' on the Bitcoin market as it carries a bigger weight / percentage in the basket fund of digital currency. However, the initial structure would concentrate more towards the DLCF and pre-determined individual funds including our 1st GBTC based from our reference information below. 

The approach is similar to the overall components of the original USD Index (DXY), with relative comparison to JP Morgan Asian USD Index (ADXY) and Bloomberg USD Index (BBDXY). This may seem to be a bit complex for others not accustomed to the strategies, as it involves a certain degree of process which MegaTrade101 has timelessly applied with Spot FX, Futures, Options and ETFs markets, which have been quite effective so far since then by using CIPHER3 Analysis Others may view the complexity of the process, but this is where it all started from and eventually turned into our core strength in trading.

With the recent 2017 launch of Bitcoin Futures by both the CBOE and CME, we are now gearing up to speed on combining these methods in a pre-selected venue. Now that the top digital currency assets are tradeable in a variety of funds it would be time to re-apply its viability. Their respective price and percentage differentials have always been our key asset in determining their imbalances similar to the foreign exchange market. 

For now, we would simply share this brief information, as we structure the portfolio based on this premise to start with. As we all know that the Digital Currency market have been experiencing a remarkable decline and the current pressures are yet to be ironed out in the market. 

Reference Information:

BTCUSD Alternative Trade Strategy

Digital Currency Finds Relative VALUE as an Alternative Investment

After the Fact: Volumes Surge Pushes Bitcoin above 8000 

#CME Pulls its Muscle & Tame the ROAR of #BITCOIN Rally.

After CME's launch date on DEC.18 it has been quite a significant down hill pressure as evidence reflects in today's prices for #BITCOIN and its relative peers now trading below the 10k mark. Indeed, this is the way how #CME pulls its muscle and tame the roar of the rally.

Market Watch Reference:

 Bitcoin Trades below 10k 

Of course, it was easier said after the fact, but knowing how these institutional players takes action the level of difficulty against the CME traders is definitely in a scale of 10. We can now say that our 1st year anniversary gift was a welcome treat last Dec 16, 2016 on GBTC entry (published on Dec 27, 2016 Market call)  -to- Dec 16, 2017 Settlement date followed the plan has now been VALIDATED.

It does take a month after to be able to do so.

As a new low for the 1st of January have been made for now. 

PRICE ACTION on CryptoCurrency

Speaks Louder than Words can Describe!

#BITCOIN market sentiments has spill over effects on #GBTC Investment Trust which has out performed even our best expectations well within our one year anniversary. However, those who intend to short futures may have to think more than twice going against the major trend for now. Needless to say the value speaks for itself and this goes the same way with #ETHUSD

GBTC Investment Trust

CME debut have again boosted GBTC Trust Fund as a security under the Stock OTC category and led prices further, extending the move extremely well near the USD3500 with consistency in volumes. And we shall be carefully watching 'open interest' once a new report would be release for Bitcoin futures made available from the CFTC.  Chart Update: As of Dec 19, 2017 

ETHEREUM - ETHUSD as of Dec 17, 2017

GBTC Price GAP Above 1200

Opening with a price GAP and monitoring whether this particular bar would hold as a 'run away price bar' or 'an island /exhaustion bar' where the probability of filling in the gap would be considered after the closing price on a daily session.

On the other hand, regardless of it, the weekly trading sessions will define the actual candle bar interpretation at the closing week of Dec 1 which happens to overlap with the opening price levels for the new month. Something to seriously consider as a chartist or market technician. 

Although, this market is momentum driven by the interest in value of bitcoin and the exceptional rally it commands.

Comparative Chart & price update: GBTC BTCUSD ETHUSD
As of US session

Momentum has indeed been the driver on BTCUSD as prices is shy away from the 10k; while GBTC have gotten ahead of the market gap that it is currently at USD1450.00. And not wanting to be left behind is ETHUSD at USD470.00 with a recent high marked at 487.00 as of writing.

GBTC Price Update Above 1200 as of Nov 28, 2017

Trading the Bitcoin market is more focused as an 'Alternative Trade Strategy'.

As it carries a much higher degree of risk due to its volatility and susceptibility
to its current market regulations.

It is well recognize by the Luxembourg Financial Regulator, the Luxembourg Financial Industry Supervisory Commission (known as CSSF)

#BITCOIN Above USD5200 - #ETHUSD 306 Follows:

If you can't beat them, might as well join them! Rumors on China.

This phrase has been what rumors are saying. But it's just rumors until such news can be confirmed. Yet, it only proves that the demand for #BITCOIN #trading would be here to stay as market cap on bitcoin grows with #ETHEREUM coming in on 2nd. Likewise, Bitcoin prices carries a higher degree of premium over the rest of the pack as it maintains is biggest market cap especially at these current prices. And the technical angle where it is now defined with a valid channel as prices continue its upward trajectory.

Eventually, ProShares filing of Bitcoin ETFs will surely add to the legitimacy of the cryptocurrency. And people such as Jaime Dimon would have to contend that the digital currency is here to stay no matter what his views are on the matter. 

Price Update as a result of Market & Price Call

The valid VOLUME and PRICE REVERSAL on the ETHUSD have shown a steady and gradual trend. Part of which is a 'Mid-Price Consolidation well within a symmetrical triangle. Price 'Correlation' with VOLUMES has created an interesting 'DIVERGENCE' where the prices would take a cue from current BITCOIN prices. Obviously, ETHUSD have been lagging behind BTCUSD including the GBTC Investment Trust that tracks Bitcoin prices. 

On Yahoo Finance: #Bitcoin Hits Fresh Record Highs on Rumors of Chinese Ban Reversal 

#BITCOIN Steam Fades from Profit-taking

Choices & Decisions #investing #trading #Digital #Currency

The obvious #BTCUSD run came into an initial wall that saw prices drifting lower at the end of the week's trading above USD4050 from a recent high at 4480.00. Traders and speculative investors have managed to hang-on as demand could be felt from price action movements. And waited until prices marked its high nearest to the USD5000 initial objective which prompted to cashing gains gradually as its continued to drift lower towards the closing week. 

Comparative Charts: #BTCUSD #GBTC #ETHUSD

Click to continue

#BTCUSD Record Rally Above 3000 Mark

Driven by Volumes, Momentum and Market Price Sentiment have allowed Bitcoin to surpass the 3k mark; trading at 3380 as of this writing. Its 'Collective Market Cap' equally past the USD50B mark led to investors demand of the digital currency to record levels. Which we think also added to the positive tone that the global stocks and investors sentiments from the better than expected figures from the JOBS report have likewise spilled over to the Bitcoin market. As the recent acceptance from Japan and Korea added to fuel its growth potential in the near term rally.

As of August 7, 2017

For now, the overall technical perspective we defined has been limited to the figure best described below as prices have continued to move higher towards the 3200 levels well above the projected objective. No matter how prices extend to greater heights, we'll take it and watch were an exhaustion can be set in place, whenever there would be one to this writing.

Meanwhile. our GBTC Investment Trust is back towards the USD525.00 with a convincing opening gap that could lead towards a run away price gap supported by the solid fundamentals of BTCUSD heading on to this week.  

Notice the similar chart formation that we have applied which have signaled a high degree of probability for BITCOIN to attempt a newer high. Although, the parallel lines projected have set its higher goal, it has gone through the USD3250 levels.  A Clear, Clean and Simpler Approach Defines Trade Potential once Identified! And Results delivered after the fact.

As of August 11, 2017 - VALIDATION Price Update

#BITCOIN PRICE UPDATE: ABOVE 3700 Extension weighs in Market price from momentum trades. 

When the such price behavior runs in a pattern from its decline it can rally in a similar pattern once a reversal has been identified. The market run in this particular case was in multiples of USD300 +/- value unlike with the AUSSIE Dollar previously described. However, such methods can go in a variety of ways applied depending on the market conditions. The difference is huge simply because the market runs on price and momentum acceleration from demand and market sentiments.    

 

As of Aug 18, 2017 UPDATE: #BITCOIN Steam Fades on Profit-taking
Validation

#BITCOIN Steam Fades from Profit-taking

Choices & Decisions #investing #trading #Digital #Currency

The obvious #BTCUSD run came into an initial wall that saw prices drifting lower at the end of the week's trading above USD4050 from a recent high at 4480.00. Traders and speculative investors have managed to hang-on as demand could be felt from price action movements. And waited until prices marked its high nearest to the USD5000 initial objective which prompted to cashing gains gradually as its continued to drift lower towards the closing week.

EFFECTIVE Strategy: ARBITRAGE Hedge #BTCUSD Decline With #DX FUTURES

Ahead of the Market has its Advantages! By Expecting the Unexpected Before & After the Fact.

#BITCOIN prices had plunged on China's warnings that BITCOIN is a virtual good and does not carry any legal tender status. This was the statement made by the PBOC similar to its previous statement in 2013. These are the type of external forces that may still dominate the volatile market for Bitcoin.

However, with a $246.94 price net change as of this writing, in spite of such decline the #GBTC has a limited decline of $23 from its recent high which is quite tolerable to this point. This is also where we have been hedging and subsequently protected its gain equivalent to its value by the US Index point value by way of its equivalent contract size with the DXH 2017 - March futures market in the event of a continued decline as a correction. And monitoring positive net value of trades thereafter.

CORRELATION is a valuable knowledge knowing how it works and how to 'ARBITRAGE HEDGE - VALUE' through proper trading strategies can always be an EFFECTIVE way to level the playing field from unexpected market conditions while utilizing the FUTURES market as another form of 'ALTERNATIVE STRATEGY' to protect, enhance trade position with gains and avoid unnecessary loss in rapid price swings.. The ability to further anticipate any surprising move which the market would be vulnerable.

#DXH2017 - USD Futures

#BTCUSD: Chart & Price Comparison

Start of the Year for BITCOIN & GBTC Investment Trust

Price Update: GBTC @136.00; BTCUSD @1089.90 As of January 3, 2017

The opening levels for both instruments have gained on the first trading week of the New Year, as we have anticipated. Contrary to the pause we've seen so far with the USD. Position adjustments are currently being made which may spill over positive sentiments into the week before we see any serious session low. This has been an excellent Hedging Strategy against Asian Currency lose of Value and a Overall Divergent Stock Trend.

BTCUSD As of Jan 03.2017

GBTC Investment Trust As of Jan 03.2017