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Re: idccwin post# 24088

Wednesday, 02/24/2021 4:08:18 PM

Wednesday, February 24, 2021 4:08:18 PM

Post# of 26492
I don’t think so but my opinion is with the paper is written on loL.

It seems like GBTC is more predictable as it’s more aligned with btc. Before the premium made it a wild ride. If BTC went up a $1 then gbtc might go up $1.50 or $2.00. What we have now is more stable despite popular press Thats its out of control. BTC is moved by supply and demand and adoption to an extent. It may be correlated with the dollar but correlation doesn’t mean causation! So look for stead up ticks with corrections and nee higher floors. That’s the best thing. People forget this was just about $10k not that long ago and even with the drop yesterday and Monday BTC is up 60% since Jan 1 . You can’t beat that with a stick! LoL.
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