This would make complete sense with a rising DXY and a financial market pullback. I'm not saying this is going to happen but to me, it seems very possible and if we do get a break in market structure it will become probable IMO and I will be playing this to the downside.
I'm still not sold on this being the bull market yet I have been saying this since March 2019.
@jokercvb, this is my guess, for GBTC which follows BTC
Gold_Rush
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@jokercvb, What's your price target and thanks for the comment and chart.
jokercvb
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@Gold_Rush, for sure the price will hit the GAP. I always thought that price can sometimes exceed that gap, but that didnt happen in march. BTC filled the 3800 gap, but on a wick- doesnt seem like it stayed there long. so I am not sure.
Gold_Rush
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@jokercvb, Sounds good I really hope so I'll be buying em all up at that price lol good luck and follow me if u want I'll do the same.