Bitcoin with Discount - But this is not a reason to buy now
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Currently you get a discount on bitcoin with GBTC:
https://ycharts.com/companies/GBTC/disco...
But this is a warning signal and not a buy signal. It only shows that GBTC and Bitcoin is currently not very popular and buyers are searched...
Waiting for a decline of the bitcoin , GBTC could be interesting to be invested in 32$-34$, if support lines hold or maybe below at 23$, watch MACD!
https://ycharts.com/companies/GBTC/disco...
But this is a warning signal and not a buy signal. It only shows that GBTC and Bitcoin is currently not very popular and buyers are searched...
Waiting for a decline of the bitcoin , GBTC could be interesting to be invested in 32$-34$, if support lines hold or maybe below at 23$, watch MACD!
Comments
Yea I saw it at about -10% just a bit earlier today. People must be taking profit anticipating a potential rollout of an ETF later this year?
Reply
https://ycharts.com/companies/GBTC/disco...
It seems not enough buyers in GBTC, but more sellers.