GBTC
Bitcoin has never been this undervalued going into a HALVING! 3rd one! 3rd time is a Charmer! I think this one is going to blow everyone's calls to pieces!
Exaggerated Bullish Divergence on the Weekly6 Days to break 2 trend lines consecutively at the same time. (Top line on PRICE & RSI)
Would say that's a pretty rare event lining up to the Halving.
When a Parabola line, lines up with the Halving date.And the top of the Gaussian Channel, I pay attention!
Secret GBTC/BTC/GBTC premium sauce... 3 patties, lettuce, tomato. bacon, and cheddar on a Sesame seed bun!
This "IS" your last chance under 10k! When all the butt sore Bulls that got shook out at 3.8k that are waiting on the sidelines to buy at 3,2,1k like idiots FOMO back in above 10k. That's all she wrote! They will be believers due to all the regret for ever doubting that Bitcoin was going to zero. Their pride will not let them sell again at a loss. They will grow baby balls and eventually after many shake outs they will have full grown Bitcoin Bull Ball. The HODL will get stronger!
GBTC: $10 Price Target ShortPlease don't take anything I say seriously or as financial advice, as always this is on opinion basis. That being said, let us get into a few key points. First off, I am not heavy on the institutionalization of Bitcoin, I feel like personally it is better to get $BTC as a cryptocurrency rather then investing in an investment vehicle derived for $BTC's price correlations. That being said, GBTC as an investment vehicle seems to be on a bullish run and has a $10 short potential, as well as seems to also have some long hold potential as well. I would set the next target to $10.
I could be wrong about the premium not getting as high. What if it expands as retail FOMO's in with their 401k's!
GBTC - 4/27/2020GBTC - BTC is about halve again in 12 days. GBTC's tenkan sen seems golden-crossed kijun sen recently to start a upside movement.
