PermaCryptoFolio DORY Portfolio rebalanced
Hello Steemit,
the bullish price action in BITCOIN-USD market triggered the rebalancing in DORY Portfolio.
Some minutes ago Bitcoin was traded for more than 3778.08 US Dollar on kraken. At that time a the Bitcoin proportion inside DORY-portfolio reached 60% of total portfolio value.
The state of DORY-Portfolio after the rebalancing.
My spreadsheet below shows the calculation of the BTC-USD price levels where the next rebalancing will happen:
- Sell 0.03994404 BTC at 5667.12 USD/BTC
- Buy 0.05991606 BTC at 2518.17 USD/BTC
One order kills the other.
Thank you for reading!
Disclaimer
Bitcoin likes to rally into the weekend again (same as last week). We could get some pullback next week (wave five, sub-wave iv) before the final high.
Please give me a hint where your wave 5 started. I'm a little bit confused if I zoom out into weekly chart.
On July 16.
I really enjoy your portfolio reports!
Can you look at my idea? I would appreciate any input you might have on this idea. https://steemit.com/altcoins/@darkflame/hey-dan-larimer-using-eos-to-hold-a-token-distribution