Replies to post #17675 on Grayscale Bitcoin Trust (GBTC)

[TopPick]

Institutions are holding so much of this so they can keep the written futures contracts now they are waiting for retail investors to sell who bought at any higher point so they can move it. If they drop too much they know people will buy so they might hold it flat around here until there is no more premium before they move it up. 100 percent everything is heavily fucked with

[rudik]

after 5pm it will happen again you will see 7k or more trade in till Monday morning and back to 6k ...

[THREE-DAY-TRADER]

I don't feel good about this GBTC & bitcoin right now. Doesn't seem to be any market enthusiasm for it right now. After weeks in a tight trading range, it could be setting up for a fall yet.