Fresh off the heels of their victory against the SEC, it seems as though it is now very likely this breakout will be confirmed on this cup and handle pattern on the 1 day chart on the GBTC greyscale chart. We can see priceaction has already retested the rimline as solid support before the current big green impulse candle. Also a very nice bullish impulse on the...
What is going on here? GBTC is the GreyScale Bifcoin trust. It exploded up for almost 10% while bitcoin goes sideways to slightly down. What does this mean? It could mean the correction is either over or Almost over. Why and how can this happen? For me this shows that GBTC without a doubt is not bitcoiin and it trades outside the bitcoin market. Let...
Today you can review the technical analysis idea on a 1M linear scale chart for Grayscale Bitcoin Trust (GBTC). GBTC has been falling significantly and it does not look good for the firm. Though they hold a significant amount of BTC, the discount is close to 50% and climbing resulting in the value of the Bitcoin held under $10,000 in the trust. This is a mega...
Despite aggressive downside action from $68K, Bitcoin Bears are not yet done with their assault on Bullish traders. Based on price action, to include both confirmations and invalidations, it seems that Bitcoin is currently in a sideways push which could last for upwards of 3 weeks. I anticipate a drop test near $16K, also a pop test near $22K as price action ping...
if the price keep riding signal lower, its a good chance were in for fresh lows. if signal goes green and price suddenly crashes through it to the upside its a good long weekly.
BTC daily zoomed in to take a look at the RSI as well as some key areas of support. The RSI is as oversold as it was 6 months ago, it could drop a bit more but lets see if it can get some buy pressure. I have listed the major areas of support as well as showing the RSI and DeMark 9 Inidcators. In order to really move up, we need HUGE buy volume candles or we...
good time to get in on btcusd as macd/rsi and fib retracement all suggest it is oversold and rising on 15 minute timeframe
After almost a month $SOL going downward, right now solana break 2 resistance. and ready to sky rocketing again.
We will have to see what Morgan Stanley does with its shares of Greyscale Trust on unlocking day
Ethereum Classic (ETC) has had a great start to 2021 with the price rising 600% YTD. The hash rate of the ETC network has been rising steadily since the three year low as seen in early September last year. The Price has followed suit from the off in 2021. This has resulted in making the network more attractive to miners which in turn increases the security of the...
Grayscale $ETHE vs ETH-USD (6 month)
Hi we pumpin as usual, I'm a man of my words tg 1.3--1.4--1.5--2---2.5-----3 I see BAT signal! bye
See prior post for targets - DOT running out of room, potential breakout if BTC acts right here.. A lot of news and hype around DOT lately - Greyscale and Dubai Fund liquidated BTC for move into alts.. DOT named as target for both. decrypt.co www.globenewswire.com Cheers
look at this keep u eyes only 100 wallets controlled chainlink, but greyscale be one of this
It is nice to see Bitcoin flirting around the $30,000 support zone. This to me in a macro perspective is very healthy for Bitcoin as it indicates that this market is becoming more resilient. The more we trade through that zone the stronger the support becomes. We broke out of the symmetrical triangle, briefly traded at $28,800 and now we're back in the $32,000...
Greyscale member Barry SIlbert tweeted "buckle up" is the bottom in? This volatility has been insane and the moves happen so quickly and don't give people the chance to get prepared and that appears to be the case..... Greyscale is a powerhouse by the way, see you at $37,000.