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RE: 7/18/17 Bitcoin tracker GBTC new short entry here in my "mythical" $1000 trading account
8/18/17 update: I love this high GBTC just set yesterday >>> 777...spot dead on. You feelin "lucky" punk? Well...are ya?!!! :-) I still have it as a short term confirmed top and I still say a wave of selling in bitcoin that "shocks!" is coming...taking GBTC to sub $400 for sure...what price would "actual" bitcoin be selling for if GBTC is at say $350, @cantfightthefed? Don't even bother trying to figger it out... I'll show ya. :-)
8/23/17 update: Yesterday, Mon 8/22/17 GBTC set a lower high that would need to be breached in order to say that all short term highs have been confirmed. That lower high is $720.00 ...spot dead on. Not even going to "guess" whether or not they go up to retest the 52 week high again. I still say >>> No! :-)
8/23/17 9:57 AM update: Once again, a "miracle" as there is no way I would have thunk today's 739.00 GBTC high would have been a higher high to contend with. But "not so" says the sentiment indicators. :O
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=gbtc&x=43&y=15&time=3&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11