conradkz

Watching as buyers step in, waiting for confirmation of support

OTC:GBTC   GRAYSCALE BITCOIN TRUST (BTC)
I drew out this line mid-way yesterday that was confirmed as a new area of support. Now watching to see how this new support plays out.

You should not engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do not fully understand these risks you must seek independent advice from your financial advisor.
Comment: I had previously drawn out a line from 2017 that seems to be providing some resistance. BTC is showing some overall weakness today. I think the trend from here is still TBD.

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