📊 Grayscale Bitcoin Trust ABC

18 янв.

From November 2022 through January 2024 GBTC grew by 483%.
This bullish wave developed in a perfect 5-up wave pattern, a bullish impulse.
A Zig-zag correction (ABC) is likely to follow next.

There is a small hidden bearish divergence with the RSI, a signal to which we won't pay much attention to.

GBTC (Grayscale Bitcoin Trust) grew to hit the same level at which it was trading back in November 2021 on the decline, an incredible feat.

If this type of growth happened in the recovery year, 2023, imagine what is possible when the full blown bull-market takes place.

👉 We are set to experience something amazing in 2024 and 2025 with Cryptocurrency, I am already getting excited but the correction comes first.

The end target for the correction can happen between 15 and 21, a wide range I know but no need to be exact.

I love everything Crypto and I don't know why... It is something that came unexpectedly and entered my life.

Wishing you the best!
Now & always!

Namaste.