Grayscale Bitcoin Trust (GBTC)

[bootysweat]

Both futures and chart. 100 MA is between 4600-4900 depending on what exchange you’re looking. A dip just below 5k will trigger some stop losses and will also be 50% retrace from recent hi in April. Even in bear market short term 50% retrace triggers mini bull runs. Expect close to 8k then dip again.

Next bull market will be triggered by ETF approval which isn’t far considering the SEC just unanimously voted for the approval of changes to be made that will clear the path for ETF approval. When ETF approval is announced we will see ATH within a week