Bitcoin Investment Trust looks ready to rock and roll

in bitcoin •  7 years ago 

GBTC: The Bitcoin Investment Trust looks like it is ready to start a bullish run.

The MACD has finally crossed over to the bullish zone.

The Price has finally broke the 20 MA to the upside, first time in months.

Now the price appears to be consolidating before the next leg higher.

Buy buy buy!

bitcoin btc gbtc chart blog
7 years ago by

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      ·  7 years ago 

    Agree, demand at $10 held, if price can get through the $15 level, the next target is $18 (stack of sell orders are at that level). I never got a chance to look into this trust as of yet.

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      ·  7 years ago 

    I like it because I can trade it in my IRA, which means gains are tax free. No taxes until I decide to start making withdrawals.

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      ·  7 years ago (edited)

    tnx for the heads up buddy! ur the best!

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      ·  7 years ago 

    Not sure about all that, but thank you!

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