Grayscale is following similar bar pattern fractal as previous 2 cycles and hitting resistance on major macro trendlines coming off the previous ATH. Nice steady uptrend since beginning of 2023
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Winning!
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At any given point from this date on GBTC could start to print out an entire fresh new fractal with the introductions of the numerous new BTC ETF's that recently spawned into the market.
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BTC about to breakout the greys are about to follow inverted head and shoulder fib target
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Trade active
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Take profits and re invest into lower price BTC ETFs for the last phase of the bull cycle
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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.