This is the kind of setup traders dream of 🔥

$XYZ (Block, Inc., formerly $SQ) is not just a fintech monster—it’s one of the top 10 public companies holding Bitcoin #BTC . If you’re looking for a smart #BTC play, this is it. With a crypto-forward administration, XYZ is primed to ride Bitcoin’s next leg higher.

Technical Take
Starting on the higher timeframes, XYZ has been forming a massive base since early 2022. After 3 years of consolidation, it’s making its ascent. My first target is 101. Once we close above that, I’m eyeing a multi-year climb to 150, 170, and eventually 190-200.

Zooming in on the weekly and daily charts, the setup couldn’t be clearer. A classic bull flag—one of my favorite patterns. Wait and see if we break the trendline that makes up the bull flag. December ‘24 marked the breakout of the base, followed by January’s clean backtest. Now? We’re starting the next leg up it seems. 

Simple, effective, and full of potential. It's a harder option play. I'd opt in for buying shares. As long as 80 is holding I'd favor an upside move. 

💌
#XYZ #SQ #BTC #BTC