GBTC (Bitcoin Trust) is approaching the 39-39.25 resistance level where a reversal is likely. As such, GBTC offers an objective short entry here (35.80) & up to but not much above 39.25. The dotted lines show pullback targets with T1 at 35.80 & T2 at 31.80 (the 2nd & current final pullback target although additional targets may be added soon). Suggested stop above 41.75 if targeting T2. Daily chart below.
GBTC Bitcoin Swing Trade Idea
Share this! (member restricted content requires registration)
1 Comment