Grayscale Bitcoin Trust (GBTC)

[Ann1]

I think rates do need to be lowered. 8 rate increases in a couple of years after having lowered them and keeping them near zero for the previous 10 was too aggressive, IMO. I've said that for a long time. They need to lower at least 50 basis points. I don't think that had much if anything to do with BTC taking a dump today. Whales, bots and money managers want more BTC. They are going to shake it out of weak hands as many times as they can before the halvening. I was a buyer today. I personally like the shake outs when I have dry powder. I know where this is going long term. Not a doubt in my mind. Core stash. Trading stash. GO GBTC!