Market Lab Report - GBTC at 50-dma
|Published:||27 Jan 2021 15:24 ET|
Grayscale ETN GBTC just bounced off its 50-dma. Fed Chair Powell indicated he would have to keep QE flowing at full mast as the economic recovery remains uncertain, or in Fed speak, the economy is moderating. While major averages have been weak today from recent peak prices, bitcoin and ethereum have been rallying.
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