Replies to post #16922 on Grayscale Bitcoin Trust (GBTC)

[boo boo]

I have a much different view. In a LONG TERM DOWN TREND all resistance lines are subject to break downs if the company isn't a bankruptcy candidate and in a LONG TERM UP TREND all support lines are subject to break downs. I'd also argue that the longer term trend, as measured by time, was to the upside and that the intermediate term trend was confirmed when the wedge was broken and GBTC is now in a down trend. $9.60 gone. Volume increased. Support broken. Short to zero.