Replies to post #14800 on Grayscale Bitcoin Trust (GBTC)

[squidster]

I like that indicator, tends to work for me as well:)

[TREND1]

An old trader once said: "Even if GOD told me he price was going up I would wait for the tape"

[Macaveli]

Here's the thing.
The US dollar is dumpster juice. The petro yuan is the nail in the coffin. The fed is dumping their balance sheets which is causing the market to drop. Companies are in debt up to their eyeballs because they took the loans from the fed. Now they have to pay it back at an higher interest. Hence the bankruptcies. Crypto and gold are the safe plays. I agree the whales and wallstreet manipulators are holding this back. But due to environment conditions they won't be able to hold it back much longer.
Smart money is buying and holding at these levels.
IMO..