A lot of traders asked to see what the premium does after GBTC unlockings. In this chart I added the indicator on the bottom, which is the premium. As you can see, after unlockings the premium tends to shrink. If you are trading GBTC premiums, buy a month before an unlocking, sell at the unlocking.
2021 Will Start Slow With the holidays nearly over, the Grayscale Effect will go on hiatus for the month of January. With unlockings being non-existant in January, the Grayscale Effect looks to be a non-factor over the next five to six weeks. Recall, Grayscale Bitcoin Trust (GBTC) accepts investments from accredited investors. These investors receive newly...
These trendlines are holding... I AIN'T SKEERD! I have STRONG HANDS! You can't shake me out! Have conviction on Bitcoin! This just begun! Get the naysayers out of your head!
Don't snub a 26% discount in a full bull! I'll take that! If it goes to 30% oh well! I will miss exact tops and exact bottoms but I get my bags filled! Added 20% to my stack of GBTC today! Congrats to the DIP BUYERS! Next leg! Patience!
Law of 3 Law of 7 Law of Vibration Want to learn more... www.amazon.com New to charting? Here's one of the packets I read when I started! CRED did a great job. docs.google.com DO NOT MESSAGE ME FOR CALLS! I WILL NOT ANSWER! 2 Things I hate... Scammers! And lazy people! I don't mind getting this info to you but I will not do the work for you!
Bitcoin will never be under 55k after this next Bull and Bear Cycle. ANYTHING UNDER 55K IS A LONGTERM BUY AND HODL! 28K (MAY) get a scam wick and that's a big MAY on purpose this is in no way saying for 100% hit 28k...
That is FALSE! I know when I am onto something because people get mad at me when I post about any corrections at the top and when I give a buy at the bottom... I am getting all kinds of hate! High leverage will teach you a lesson and you can tell you are way over-leveraged by your emotions. That's why I stack, swing, and position trade. Cool, Calm, and Collected.
Looks to be rejecting backtest. The dip is coming! Will you buy or sell it is the question?
One of these will be the path... I lean 60% Pink 40% Blue... Target on this Parabola 100-130 in 2 weeks max!
GBTC will move almost identically to bitcoin, it's an ETF from Grayscale Funds that tracks, you guessed it, bitcoin. JP Morgan just gave bitcoin a possible price target of $146,000. Tim Lee from Fundstrat, a very reputable analyst, gave it a $100,000 price target. If you can't buy crypto directly in your trading account or retirement account, you can get exposure...
Pull back will load up and take us to 70k...
Ethe supply getting eaten up. Could very well be continuing an exponential move.
$OSTK bulls need to be patient - buy level is at $39-$41
Transactional #privacy in #crypto can't be stressed enough! Ridiculously undervalued In my opinion. Check back on this in the future. You missed your chance at cheap Monero!!!
Parabola held! Horizontal support held! Hidden Bullish Divergence! 42k next stop!
BTC.X $BTC pullback buyable at $26700-$27200
The less Bitcoin you can buy each and every year. You will pay 144 OZ soon for every Bitcoin you want! I don't give a Schiff about Gold, pun intended!
This chart being posted to support the BTCUSD chart. Seems both Bearish Crab fractals could be completed and signaling bearish moves. See BTCUSD chart for more details. The chart is linked to this one. *CHEERS*