GBTC, Bitcoin Investment Trust, hit my 35% downside target on Thursday, followed by a 21.5% rally off that support level on Friday. While still not an official trade, I’m watching to see how the Bitcoin tracking instrument acts on any backtest of the wedge from below. Previous & updated (as of Friday’s close) daily charts:

On an administrative note, while I was expecting/hoping to come back online over the weekend, my power has yet to be restored & my high-speed internet, which was working briefly last week, also went down after a few hours of working & has yet to be restored.

Crews are working around the clock to restore power & other utilities to the area so I still expect to be fully up & running soon. Until then, as I am still working off limited generator power & a spotty cell phone connection, I will respond to chart requests & any questions at my earliest convenience. Thank you for your continued support & understanding.