Here is my coinciding target for IBIT which I hold in my main investment account and 401k. I believe this will happen in March or April and my target for BTC is 143k with an IBIT price of 83.
We see a consolidation similar to the recent pump we have a few months ago. Deeply low stochastic RSI and a moderate BBWP. I think we see a 30-40% move soon.
My plan:
I am trading this setup by utilizing my recent COIN/CONL trade. I also plan to dump all my IBIT around these levels since I already own Bitcoin and have a mara trade on deck.