Djokovic on Bitcoin: 'The Mind is Everything!' Why I'm Serving Up More Crypto in My Portfolio

Return of the King... of Crypto?

Namaste everyone! It's your favorite tennis playing gluten free mindful investor Novak Djokovic. You might know me for my backhand and my ahem 'unique' perspectives on well being. But today I want to talk about something even more exciting than a five set thriller at Wimbledon: Bitcoin! It's like a rally that never ends and trust me I know a thing or two about those.

Institutional Love: More Than Just a Serve

This iShares Bitcoin ETF (IBIT) is like the perfect serve in tennis – historic! These institutional investors are buying Bitcoin faster than I can return a Federer serve at his prime. (Okay maybe not that fast but close!). Michael Saylor and MicroStrategy wow! Holding over 500,000 Bitcoin? That's commitment. It’s like me on the court – relentless! This kind of demand isn’t just a trend; it’s a testament to Bitcoin's growing acceptance. This is like being on the court and having a really good feeling. I always trust my gut. I always try to visualize to create to see the future.”

Macro Moves: Beyond the Baseline

The Macro environment is a huge factor. Even with all the talk of tariffs US bond yields are steady giving risk on assets like Bitcoin the green light. It's like the court conditions being perfect for my game – everything just aligns. Plus the Fed might cut rates? That's like an ace on match point! And a weaker U.S. dollar? All great for the growth trade. This is the perfect mix. The stars are aligned!

Regulations: No More Double Faults

The regulatory environment is becoming more clear. U.S. legislation and regulation of stablecoins are expected which increases acceptance of crypto and stable value coins. Corporate demand for bitcoin is also increasing as a Treasury asset. This is very exciting!

Technicalities: Unleashing the Djoker Vision

Now let's get technical. I know I know you're thinking 'Novak stick to tennis!' But hear me out. The weekly chart shows a clear uptrend since 2022. The Average Percent True Range (APTR) is like reading my opponent's body language before a serve. Low volatility readings suggest we're about to move higher! This is my vision! The average range goes up. This is different from the stock market. It is the oppositive in Bitcoin. So when you can find a low volatility reading that's a possible tell that we're about to move higher. I'm seeing a breakout around $110,000 with a Fibonacci projection of $135,000! It’s all about believing in the numbers just like I believe in my game plan.

Doubling Down: It's All About Belief!

So where do I come into this? I'm not just talking the talk folks. I'm walking the walk. I'm increasing my IBIT positions in my Tactical Alpha Growth and Active Opportunities Portfolio. I’m going to more than 5%! This is a strategic investment for me! If I've learned anything it's that you have to believe in yourself. I feel great about this investment.