BlackRock’s Bitcoin ETF Can Be Unfolding A Bullish Impulse
Apr 15, 2025

IBIT

BlackRock’s Bitcoin ETF with ticker IBIT made a massive rally in 2024, which can be wave 3 of an ongoing five-wave bullish impulse. Despite the recent decline at the beginning of 2025, it’s still above 42 invalidation level, and as long as it’s above that level, it can be wave 4 correction, so we may still see that 5th wave this year.

BlackRock's Bitcoin ETF Can Be  Unfolding A Bullish Impulse IBIT Daily Chart
IBIT Daily Chart

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