GBTC is historically known as Bitcoin front runner;
GBTC premium/discount now @ -36% of Bitcoin price.
Are we about to see Bitcoin @ $12,174?
Bearish Macroeconomics/Fundamentals Factors: 1. High Inflation 2. Aggressive interest rate hikes 3. Fed Quantitative tightening 4. Russia-Ukraine war 5. US Dollar Index bullish 6. Other geopolitical factors
Noteworthy: Do not forget the historical wise saying, "Never invest more than you can afford to lose."
Not a financial advise, I suggest using this only as a guide - Do your own research.
If you have any questions, kindly write in comments below - I will answer them.
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