I've been accumulating GBTC since $4.28 and as I was looking for the next dip to buy more I ended up with this setup idea that I decided to publish. It'd be a nice swing trade assuming we get down to the entry, though to be clear, this is not financial advice - I am not even planning on trading this other than accumulating more at the entry of $9.85 (will...
Using VWAPs anchored to the 3.1K "bottom" and last year's local top at 13.9K it appears that we are just under that heavy resistance. If we are rejected from the VWAP off the high here (I think we will be) then it's likely that the VWAP off the low will likely provide strong support (will probably be up in mid-8K's by the time we retrace that far). However, if...
