New daily reaches upper bound of regression trend, won’t last
According to the Chaikin oscillator the sell pressure is similar today to what it was yesterday. This would indicate that a breakout of this channel, which it’s been in since 12th July when GBTC unlocking started, is unlikely (so far).
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.