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
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