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Gbtcpremium

$GBTC Analysis After Spot Bitcoin ETF Launch- GBTC has been actively traded before the spot Bitcoin ETF approval - GBTC opened slightly higher today with much more trading volume - High trading volume = $36.8 million, much higher than the average $7.3 million trading volume over the past 30 days - GBTC is currently at a strong resistance target, which is concerning that the ETF approved as the price is approaching a key resistance level - The 1-week RSI is also extremely overbought and needs a correction
AMEX:GBTC
by realchartchamp
2
GBTC Skyrockets as Grayscale Wins Over SEC for Bitcoin ETFIntroduction: Exciting news has hit the cryptocurrency market as Grayscale Investments, the renowned digital asset management firm, has successfully won over the Securities and Exchange Commission (SEC) for a Bitcoin exchange-traded fund (ETF). This groundbreaking development has sent shockwaves through the industry, and traders now find themselves at the cusp of a golden opportunity. This article will explore how GBTC will skyrocket and why it's time to consider a long position on this incredible asset. a. First-Mover Advantage: As the first Bitcoin ETF approved by the SEC, GBTC enjoys a significant advantage over potential competitors. This head start ensures that GBTC will attract a substantial portion of the market, potentially leading to exponential growth in its value. b. Increased Institutional Adoption: Grayscale's success in securing SEC approval paves the way for increased institutional adoption of Bitcoin. With more institutional investors pouring funds into GBTC, the demand for this asset is set to skyrocket, driving its value even higher. c. Bitcoin's Bull Run Continues: With the increasing acceptance of Bitcoin as a legitimate asset class, its value has been on a steady upward trajectory. By investing in GBTC, traders can leverage Bitcoin's ongoing bull run to maximize their profits. Call-to-Action: Long GBTC and Ride the Bitcoin ETF Wave! As the cryptocurrency market enters a new era with Grayscale's SEC-approved Bitcoin ETF, the opportunity to long GBTC has never been more enticing. Don't miss out on this golden opportunity to capitalize on the potential gains offered by GBTC's imminent surge. Seize the moment, open your trading accounts, and position yourself to ride the Bitcoin ETF wave with GBTC! Disclaimer: Trading involves risk, and conducting thorough research and consulting with financial advisors is essential before making investment decisions. Note: This article is intended for informational purposes only and should not be construed as financial advice.
GLong
by bryandowningqln
Bitcoin 500k Cycle Fixed (LUNA Leverage) + Bitcoin Mining Stocks ill keep it short, remove the Luna leverage creating a massive short squeeze followed by a long squeeze we have almost completed the expected 686 - 707 Day Bear market Bull market confirming by Jan 2023 with a historic pattern repeating the price to 500k (Indicated by the blue pattern lines replicating what should have happen without Luna) Opportunities? Look how cheap well managed Bitcoin mining companies are with balances they never had to sell, this is especially something that can create leverage plays on top of Bitcoins price, the collapse and bankruptcy of the other Bitcoin miners might have just marked the short term Bottom. ------------------------------------------------------------------------------------------ HIVE Blockchain -87.03% Change (1 year) Market cap: $0.23 Billion (USD) 30 Sep 2020 | 55.1 P/E Ratio 5 Nov 2022 | 4.41 P/E Ratio ------------------------------------------------------------------------------------------ Hut 8 Mining -85.24% Change (1 year) Market cap: $0.42 Billion (USD) 31 March 2020 | 38.8 P/E Ratio 5 Nov 2022 | -17 P/E Ratio ------------------------------------------------------------------------------------------ Riot Blockchain -82.30% Change (1 year) Market cap: $0.96 Billion (USD) 30 Sep 2021 | 233.6 P/E Ratio 5 Nov 2022 | -2.6 P/E Ratio ------------------------------------------------------------------------------------------ Grayscale Bitcoin Trust -74.93% Change (1 year) Market cap: $2.15 Billion 3 Nov 2022 -36.29% Discount/Premium to NAV ------------------------------------------------------------------------------------------ This just covers same basics of my research would need videos to properly present it, take a look around at these unheard of discounts that leverage on top of the BTC price hell you could even purchase LEAPS on most of the mining companies. Meanwhile in Narnia land people are searching for Alt coins to make returns you could easily open your eyes and see the opportunities right in front of you here with extreme P/E discounts, but like always it will be the future around 2025 and obvious when these miners end up having market caps like Gold Miners these are almost a 100x Leverage play on Bitcoin hell you could even get it to 400x with calculated LEAPS. Talk about an opportunity this risk to reward just blows my mind (Disclaimer I do own and are actively collecting listed miners after heavily checking their financials I do believe they are three most well managed mining companies that exist right now)
BITSTAMP:BTCUSDLong
by UnknownUnicorn7947829
For The GBTC Premium TradersThe Time is Now The Premium went to zero does that mean it's over... Is now the time... And will the premium go up again? I've received quite literally over 100 of the exact questions above. This chart is for the folks looking to play the premium game. Now, our team at Jarvis Labs doesn't play the premium game. We look at the effect Grayscale has on the spot market. We feel the best way to play this trade is not necessarily in the stock market, but using derivatives on cryptocurrency exchanges. However, I understand for many of you that's intimidating. For those that shy away or aren't experience enough for derivatives, the premium is a low risk way to play it. As you can see with the arrows on the bottom indicator, as the unlockings unfold (purple vertical line), the premium begins to expand again. As long as the new market entrants are larger than the last market entrants, this shall continue. Based upon an SEC filing not too long ago, Grayscale filed for $5.5 billion of interest ... This is up from $800 million last year. As long as a flurry of ETFs don't pop up, I have reason to believe this figure will continue to expand. Enjoy.
COINBASE:BTCUSD
by Ben_Lilly
3