Adding FTT back on — 25th Oct
Let’s add our FTT position back on, 13% of the portfolio selling bitcoin for it.
I expected Alts to capitulate sell against Bitcoin due it’s strength but that didn’t end up materialising. FTT is roughly the same price as when we sold, SOL on the other hand ripped it and unfortunately has surpassed our exit. We’ll wait for opportunities for a re-entry but probably not as big. As expected the markets have performed well since our re-entry and I assume continued bullish price action till the end of the year. We have a conservative target of 83.5k USD per Bitcoin, I’ll write a detailed post soon about that and how we came to that figure.