Bitmex's recent lawsuit and bank secrecy act's potential implication to DeFi space didn't seem to shake crypto investors at all. USDT issuance grew more than 10% in September and BTC is till hanging onto the edge of logarithmic channel. The recent upward movement can be validated if BTC can close the weekly candle within the demand zone.
There's not enough custodial business to support the demand! The premium over BTC is off the rails. Incredibly bullish!
I say not only is it possible, but it's also VERY PROBABLE! For the reasons above! This is DEF A BUY AND HODL!
Grayscale Bitcoin Trust Market Breakdown Week of June 16th Been a while since I've updated my chart on this Since then made a few plays on my TD ameritrade account, bought along this accumulation zone at 10.82, sold at 12.1 (June 2) Bought 10.15, sold 10.82 (June 15) So obviously now if you read my recent posts, I am currently not in any positions and...
What Is the Grayscale Bitcoin Trust? The Grayscale Bitcoin Trust is a digital currency investment product that individual investors can buy and sell in their own brokerage accounts. On January 21, 2020, it became an SEC reporting company, registering its shares with the Commission and designating the Trust as the first digital currency investment vehicle to...
3 patties, lettuce, tomato. bacon, and cheddar on a Sesame seed bun!
What if it expands as retail FOMO's in with their 401k's!
Hi guys! Please like the post and follow me if you find my post useful! Much appreciated Halving is just a few weeks away. The whole narrative about halving being BTC's watershed, a major turning point that would propel the next BTC bull run, has investors and traders anxiously waiting for the day of reckoning to arrive. Will it arrive on time or will it...
GBTC/0.00096926/BTCUSD is how you make a GBTC premium chart. Notice the cycles and bottoming of the premium each time. We made 2 Bear Divs and just now printed a Bullish Divergence in the premium chart vs. the spot price of GBTC.
Long story short, I expect us to make it all the way up to $8,600 based on the current Adam and Eve pattern, along with building bullish strength in the price action and volumes levels. The price target is right at the upper end of a few of the upper price channels over the last 6 month, and right before we hit strong short term resistance. I plan on taking...
Calling Tops and Bottoms. Bet that's why Barry bout 12k more BTC Friday...