What does GBTC tell us?

٦ ديسمبر ٢٠٢١

From my perspective it tells us that Bitcoin did not make a significant new ATH in November. Together with the low volume it looks artificial since June.

٨ ديسمبر ٢٠٢١

ملاحظة

The old support is now clearly new resistance.

١٥ ديسمبر ٢٠٢١

ملاحظة

Hit the support around 35 a clear close below the support means GTBC will probably go to 28, look at the chart, does this look like a bull market?

٦ يناير ٢٠٢٢

تم فتح الصفقة

Still on track with the prediction, getting more and more bearish on Bitcoin, again GBTC shows us the trend much cleaner. I wouldn`t exclude a drop to the 200-w MA the coming months.

١٩ يناير ٢٠٢٢

تم فتح الصفقة

Target of 28.0 almost reached, from there i expect further decline on the long term, maybe first a pump to 36 before further decline.

٢٠ يناير ٢٠٢٢

أغلقت الصفقة: تم الوصول للهدف