Grayscale's bitcoin trust has formed an inverse head and shoulder pattern and has held up surprisingly well on bitcoins last sell off event. If pattern becomes valid the measured move breakout would bring GBTC price close to $23 a share. A breakdown would drop it back to $17 all pending BTC
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Seahorse chart pattern initiated!
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GBTC following as charted and expected
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GBTC's chart data must of been retired lol non existent after it hit over $40 a share, I guess this might be proof the ETF really has been approved if the ticker Xd out and disappeared
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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.