GBTC
70k @ 7 am on Inauguration Day in play! Just based on uncanny numbers...
Law of 3/7
1-20-21 (1+2=3/2+1=3)
70k - 7 am
3x7=21
IN NO WAY SHAPE OR FORM AM I SAYING THIS IS 100% HAPPENING!
I look at Possibilities and Probabilities and this move is BOTH (Possible and Probable)...
If you don't understand what can happen you won't know how to handle it if it does...
Grayscale Premium AFTER UnlockingsA lot of traders asked to see what the premium does after GBTC unlockings.
In this chart I added the indicator on the bottom, which is the premium.
As you can see, after unlockings the premium tends to shrink.
If you are trading GBTC premiums, buy a month before an unlocking, sell at the unlocking.
The Grayscale Effect2021 Will Start Slow
With the holidays nearly over, the Grayscale Effect will go on hiatus for the month of January.
With unlockings being non-existant in January, the Grayscale Effect looks to be a non-factor over the next five to six weeks.
Recall, Grayscale Bitcoin Trust (GBTC) accepts investments from accredited investors. These investors receive newly minted shares that can be traded in the stock market six months later.
Once these shares can be traded in the market, we call it an unlocking event. Shortly after these unlockings occur we noticed price rises. That's the quick take on what the Grayscale Effect is. To learn more on what the effect is, how accredited investors make a killing on the GBTC premium, and a breakdown on each of the Tranches shown above, read the Hackernoon piece here: hackernoon.com
If your not long you're wrong! These trendlines are holding...
I AIN'T SKEERD!
I have STRONG HANDS!
You can't shake me out!
Have conviction on Bitcoin!
This just begun! Get the naysayers out of your head!
GREED KILLS ON BOTH ENDS! Don't snub a 26% discount in a full bull! I'll take that! If it goes to 30% oh well! I will miss exact tops and exact bottoms but I get my bags filled! Added 20% to my stack of GBTC today! Congrats to the DIP BUYERS! Next leg! Patience!
The Laws of life! ANNEARGRAM !!!Law of 3
Law of 7
Law of Vibration
Want to learn more...
www.amazon.com
New to charting? Here's one of the packets I read when I started! CRED did a great job.
docs.google.com
DO NOT MESSAGE ME FOR CALLS!
I WILL NOT ANSWER!
2 Things I hate...
Scammers!
And lazy people!
I don't mind getting this info to you but I will not do the work for you!
Generational Buying Opportunity! Bitcoin will never be under 55k after this next Bull and Bear Cycle.
ANYTHING UNDER 55K IS A LONGTERM BUY AND HODL!
28K (MAY) get a scam wick and that's a big MAY on purpose this is in no way saying for 100% hit 28k...
No one thinks Bitcoin can dip anymore! That is FALSE!
I know when I am onto something because people get mad at me when I post about any corrections at the top and when I give a buy at the bottom...
I am getting all kinds of hate!
High leverage will teach you a lesson and you can tell you are way over-leveraged by your emotions.
That's why I stack, swing, and position trade. Cool, Calm, and Collected.
Trendline break. Looks to be rejecting backtest.
The dip is coming!
Will you buy or sell it is the question?
GBTC PATH... PINK or BLUE?One of these will be the path...
I lean 60% Pink 40% Blue...
Target on this Parabola 100-130 in 2 weeks max!
Go long on GBTC if you can't buy crypto directlyGBTC will move almost identically to bitcoin, it's an ETF from Grayscale Funds that tracks, you guessed it, bitcoin. JP Morgan just gave bitcoin a possible price target of $146,000. Tim Lee from Fundstrat, a very reputable analyst, gave it a $100,000 price target.
If you can't buy crypto directly in your trading account or retirement account, you can get exposure to the bitcoin boom through this avenue. Go long GBTC because it will follow right along with the actual bitcoin crypto and is a great way to get exposure.
This will also act as an inflation hedge.
ETHE - Watch out for the bounce! Ethe supply getting eaten up. Could very well be continuing an exponential move.
$OSTK bulls need to be patient - buy level is at $39-$41$OSTK bulls need to be patient - buy level is at $39-$41
Monero on the Yearly! Transactional #privacy in #crypto can't be stressed enough! Ridiculously undervalued In my opinion.
Check back on this in the future. You missed your chance at cheap Monero!!!
The more Gold you leave on the table...The less Bitcoin you can buy each and every year.
You will pay 144 OZ soon for every Bitcoin you want!
I don't give a Schiff about Gold, pun intended!
GBTC Harmonic Completion? This chart being posted to support the BTCUSD chart. Seems both Bearish Crab fractals could be completed and signaling bearish moves.
See BTCUSD chart for more details. The chart is linked to this one.
*CHEERS*
Double Bubble... The market structure is set up for this scenario...
Will come back to this post and press play...
1/29/2020
and
6/1/2020
to see how this call plays out.
Congrats to the folks with Triple B's! B (4th letter) + 3 = 7 / 7 x 3 =21
This shit is coded for NGU - ONLY if you have "Big Bitcoin Balls & Strong Hands"!
$GBTC: Clear 24 and blue skiesThe levels on GBTC stand alone. As long as we hold 22, GBTC will move above 24 and into price discovery, possibly attacking the ATH of 32. Time frame: 1 month
