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What does GBTC tell us?

ที่อัปเดต:
From my perspective it tells us that Bitcoin did not make a significant new ATH in November. Together with the low volume it looks artificial since June.
บันทึกช่วยจำ
The old support is now clearly new resistance.
บันทึกช่วยจำ
สแนปชอต

Hit the support around 35 a clear close below the support means GTBC will probably go to 28, look at the chart, does this look like a bull market?
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สแนปชอต

Still on track with the prediction, getting more and more bearish on Bitcoin, again GBTC shows us the trend much cleaner. I wouldn`t exclude a drop to the 200-w MA the coming months.
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สแนปชอต
Target of 28.0 almost reached, from there i expect further decline on the long term, maybe first a pump to 36 before further decline.
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