Grayscale Bitcoin Trust (BTC)
Investment Thesis
GBTC crashed 50% from its 52-week high and RSI collapsed to 19 — a rare extreme — while a 3x-normal volume spike on June 5 near the annual low ($46.80) hints at potential capitulation. A tactical mean-reversion bounce toward the 50-day SMA is on the table, though the structural downtrend remains firmly intact.
Why It May Work
Why It May Not Work
Timeline
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