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Re: BrophInvest post# 17672

Thursday, 09/27/2018 4:50:06 PM

Thursday, September 27, 2018 4:50:06 PM

Post# of 26496
$GBTC won't be affected by the late day run up after hours (to 6700+ from 6500 area earlier) unless it is similarly higher tomorrow here at regular hours market open.
As Bitcoin trades 24 hrs per day anything could happen. %GBTC is based on Bitcoin's movement as it happens in USA markets.

The QuietStorm's beef is warranted. Bitcoin has been head faking a lot lately after hours & then it tends to sell off toward USA market morning opens, so I share his frustration.

But on a positive note, the 1 + 3 month charts are encouraging in my view as of today) showing support near the low 6000 area, so maybe this time it'll rally soon and break out of its recent tight channel...
So we'll see






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