Think this area may prove the godlvl btc opportunity of a generation tbh.
I doubt spot btc holds below 20k for more than wicks at this point, then a move to 50k would see this stock pushing aths.
Entirely possible as an echo bubble situation if btc stabilises above 20k here.
Price acceptance above 20k should see gbtc push up towards 20$ also
3AC liquidation event is a large funadmental fud event, coming directly after the celcius and luna fiascos, these kinds of high capital projects and funds capitulating will potentially prove the buy the fear/capitulation zone
12k btc after the cycle weve just seen is a crazy low buy opp and im just not sure spot btc will go that low, it could though i suppose at which point gbtc would probably be around 6k
Tough call rn but i was bullish longing the sub 20k zone and now its actually printed somrthing of a reversal pattern/ broken above some emas so idk, watching closely for more opportunities
I doubt spot btc holds below 20k for more than wicks at this point, then a move to 50k would see this stock pushing aths.
Entirely possible as an echo bubble situation if btc stabilises above 20k here.
Price acceptance above 20k should see gbtc push up towards 20$ also
3AC liquidation event is a large funadmental fud event, coming directly after the celcius and luna fiascos, these kinds of high capital projects and funds capitulating will potentially prove the buy the fear/capitulation zone
12k btc after the cycle weve just seen is a crazy low buy opp and im just not sure spot btc will go that low, it could though i suppose at which point gbtc would probably be around 6k
Tough call rn but i was bullish longing the sub 20k zone and now its actually printed somrthing of a reversal pattern/ broken above some emas so idk, watching closely for more opportunities
