HELLO TRADERS GBTC is now getting investors getting attention from around the world and now it's really early times like Crypto was in 2010 ... this can be an easy target for generating worth by grayscale with hold more and more BTC in this year bitcoin price is boosting again above 44k $ it's just a trade idea make a proper analysis be for any trading share Ur...
-Continuation Pattern - Wedge -Average drop: 84.25% -Crypto Adoption (CBDCs, etc.) -Diminishing Returns -Shorter Bear Markets -Accumulation Zone: $9-$11 <-- Bottom
- 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...
Introduction: 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...
When it touched this trendline it rose by 400% the first time and 1000% the next. It also rose VERY fast. Pivitol point which could mark the bottom in BTC. Send it.
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...
Ya I don't think so, this probably marks another major bottom for crypto.
The head and shoulders on weekly only played out about halfway in January. Market sentiment and narrative are one thing, the $GBTC price is another. Here's to watching what's being done to get ahead of price action... and to not listening to what's being due to message latency.
After the spectacular recovery rally that I perfectly predicted in my last post, it may now be time to short GBTC. On the daily chart, we see a pattern of Lower Highs that signal further downside ahead. We are far from oversold territory, and now in overbought regions. The question is, will Bitcoin break the 42k and 39k supports? If that happens, bear...
GUESS WHAT WILL PRINT AS A MONTHLY CANDLE ON GBTC!! THAT'S RIGHT, A BEAUTIFUL BULLISH ENGULFING CANDLE RIGHT ON THE 61.8% FIB RETRACEMENT........ TARGETS ARE $90, $120 WITH A PEAK @ $150 POSSIBLY THIS YEAR!
short term short, Break out after the GBTC unlocking fud.
Buy it up and enjoy the ride soon, you're also going to want Bitcoin miner stocks like Riot, Can, SOS, EBON and MARA, they all look close to bottoming.
GBTC announced that it will change its current trust structure into an ETF (as soon as gvmt approval is granted) that will carry far lower mgmt fees than currently. GBTC has been trading at an 8-12% discount to NAV and this gap will close significantly to prevent an arbitrage between the price of the Grayscale BTC ETF and the spot price of BTC.
The 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...
You can notice the divergence on the 2017 top. We've battled 40% for 3 years... It's time! Am I saying we go all the way to 132%? NO, But we could! 70-100% is not out of the question!
Technical analysis- Price lvl above most MAs. Trend indicators are bullish. No overheated signals from oscillators. Price action- Uptrend in development. Above the demand zone. Back above daily POC. Derivative signals- Mixed Volume analysis- Mixed Recent news about BitMEX indictment, OKEx fund withdrawals and DOJ's rehashed talking points about crypto...
The Big Bull Started in MARCH! Don't miss out on the next leg up trying to wait for a pullback! Bitcoin likes to leave you behind!