HEDGE your BTC and ETH positions... VXX is about to MOON?!!!

In my opinion, buying a VXX weekly call option is an amazing way to hedge your crypto portfolio against the market volatility resulting from geopolitical and macroeconomic concerns.

Unless you live under a rock, you've reeceived incessant push notifications regarding the Russia/Ukraine geopolitical conflict and the inflation-driven macroeconomic concerns.

Smart money has already reallocated a sizable percentage of portfolio into stablecoins or cash... But why not CAPTURE ALPHA available from the current market volatility?

Inverse head-and-shoulders patterns are used by some traders to call a downtrend reversal. It's not always a reliable indicator. However, it's my belief this indicator is MORE reliable on the with VXX chart- which is perpetually in a long-term downtrend.

Look closely at the VXX chart, and you'll see TWO inverse head and shoulders patterns:
1. One forming locally over the past couple weeks
2. One that started forming at the end of January

I bought a weekly call option expiring on 2/25 with a strike price of 24. With a target of around 26.50, I'd be shocked if I didn't close this position, or have it expire, IN THE MONEY.

Do YOU AGREE or DISAGREE? Let me know in the comments!