What does GBTC tell us?

2021年12月6日

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.

2021年12月8日

注释

The old support is now clearly new resistance.

2021年12月15日

注释

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?

2022年1月6日

交易开始

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.

2022年1月19日

交易开始

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.

2022年1月20日

交易结束：到达目标