Grayscale ETN GBTC had a BGU and two pocket pivots as of late. Bitcoin itself ran up against its 200dma then turned back but looks to be making another attempt. There is resistance around the 45-48k level but volume has been pronounced in the current bounce. The trade can be treated as a swing trade for shorter term holders.
Pocket Pivot Review - GBTC Aug 7
|Published:||7 Aug 2021 19:38 ET|
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