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RE: GBTC Update: BreakOut Watch....
I wonder if we would see mainstream media showcase every short seller from this side of the river, because at $6,000 per GBTC, the Bitcoin is being bought/sold at approx $65,000 (price div. by 0.092).
Personally, I absolutely wouldn't short this thing with a 10 foot pole, it went up to $3,500 at one point (for reference, pricing almost $40k per bitcoin).
The premium people put on liquidity in this crypto market, just wow. Still, I did hold some GBTC at one point when the NAV premium was more attractive.