GBTC (Bitcoin Investment Trust) High Impact Trade: Buy $684-$648; STOP $614; Target $,1400 (Profit Potential 116%)
SUMMARY
With Bitcoin (BTC) about to make new all time highs and perhaps as high as $7,000; Bitcoin Investment Trust (GBTC) is about to excecute a fractal. The blue square shows a price pattern within a triangle that impulsed from $378 to as high as $1,050. The white square could be playing out a fractal of the blue square. The triangle correction is almost complete and the breach of the upper white line could lead to a sizable impulse up. The target is of $1,400 is proportional to the blue fractal and the video contains the full details on how that was measured.
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BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LefeWrQXumis3MzrsvxHWzpNBAAFDQbB66
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
High Impact ....nice laddering in today thanks for our hard work !!
Hey, can you look at ebtc one more time? Would be really grateful, thanks!
Here is the eBTC update, please use only to augment your due diligence.
https://steemit.com/bitcoin/@haejin/ebtc-is-trash-i-say-cup-and-handle-potential
Hi! Can you look at Agrello (DLT) coin? Also, ZEN is busting out today!!! :D
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Hello, will be grateful if you can take a look at Metaverse (ETP), it has doubled in price since your last post :D Thank you
Interesting analysis! GBTC in the past couples months traded at a very high premium to the underlying value of Bitcoin. But BTC price has risen more than the GBTC price recently, so now the premium is narrowing (although still 25-30%).
Agreed. Hence, more the reason for GBTC to cath up to old levels of premium.
This post has received a 4.78 % upvote from @booster thanks to: @haejin.
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