kyer

Grayscale BTC Update - Another 40% Move Up

Long
OTC:GBTC   None
Quick update since my last Grayscale Bitcoin Trust analysis, that move played out for a 40% gain. If you got perfect entry along the monthly support at $8.35 you're up a chillin 53% if you sold at the sell target.

Anyways, the 'golden cross' is about to happen on GBTC as well as the price of Bitcoin looks fundamentally and technically bullish, this Grayscale BTC is about to soar.

The move up to 17.25 was hit in May of last year when Bitcoin spiked up to $14,000. This is very doable again, and I'm holding this stock until the sell target is hit at $17.25

I sold at $13 and re-entered along the $12.57 level. Perfect entry this time.

As always please do your own research, I am not a financial advisor.

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