The washout in Bitcoin and accompanying cryptocurrencies last night is likely to see the locally traded CRYP ETF gap below $2, into our ideal buy zone – the CRYP ETF is designed to track 50 of the largest global companies involved in servicing crypto-asset markets.
- We’ve avoided the crypto space all year but last night’s “washout” appears to be offering the buying opportunity we have been looking for.
MM is considering CRYP as a speculative play under $2
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