GBTC (Grayscale Bitcoin Trust) sell signal to come on a solid break and/or daily close below this uptrend line. Suggest stop will depend on entry price, if & when triggered, using a favorable R/R based on one’s preferred price target. For simplicity, I only listed a sole target of the primary uptrend line off the late 2022/early 2023 lows although there are additional targets on the other Bitcoin proxies below. Daily chart of GBTC below.
GBTC daily Dec 15th
/BRR (Bitcoin futures) sell signal to come on a solid break and/or daily close below the uptrend line on the 8-hour (candlestick period) chart below. /MBT (micro-bitcoin futures contract) is another option that has the same price/chart of /BRR but uses a smaller multiplier (leverage factor).
BRR 8-hr Dec 15th
Those that prefer trading the actual crypto vs. futures or GBTC, a sell signal on $BTC (Bitcoin crypto) will come on a solid break below the uptrend line on this 3-hour chart (6-months of price history).
BTC 3hr Dec 15th
Even if only trading one of the different proxies for Bitcoin shown above, always best to see all 3 take out their respective trendlines to help confirm a sell signal/short entry.