The GBTC (Grayscale Bitcoin Trust) Active Long Swing Trade idea has rallied into the downtrend line, where the odds for a reaction on this initial tag are decent (25-40% by my guesstimate) although as of now, I favor more upside in the coming days & weeks, whether we get a reaction here first or not. I just wanted to pass that along for those planning to book partial or full profits as well as those that might opt to raise stops to protect gains at this point.

GBTC 60m Jan 7th

GBTC 60m Jan 7th

This provides a 15% gain on the trade since the original entry at 8.65 on December 20th. T2 at 10.46 remains the next target followed by the final target, T3, at 11.83 (both targets subject to revision based on where /BRR Bitcoin futures are trading if & when GBTC begins to approach those levels).