Long
GBTC has multiple W's in its bottoming pattern; bullish
You can see the W's in the weekly GBTC chart. A triple bottom in the $12 area describes this W patterning action. The ABC correction is likely complete. The move up off $12 has likely started. "The market often gives 2 or 3 bottoms, but it rarely gives 4 or 5". Davinci Jeremie
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.