Grayscale Bitcoin Trust (GBTC)

[mact3333]

Guys are arguing that were going to 1500 and some saying 5000....dont think either one will happen....I posted on that day we tanked down to 1150 what I thought would happen..and it would be healthy for this to happen...GBTC trades with certain patterns.

What i said at that time imho is starting to play out.

From 1150 we had that sharp dead cat bounce to 2500 and now we will settle into a tight range between 1800-2300 range...this range is abit higher than I thought it would be....think we trade within this range for the next "month"....most of Jan will be consolidation time.

Sometime in Feb bitcoin and GBTC will start moving again...and I think it will be up...will be facilitated and sparked by some "news"...ie-big banks accept ripple like blockchain, government validates and accepts block chain technology...just know it will be big news.

Hope you guys remember this post come Feb.