Grayscale Bitcoin Trust (BTC)
Investment Thesis
GBTC bounced ~28% off its 52-week low but has now printed three consecutive rejections at the $63–$64 resistance zone, with a death cross in place, MACD histogram flipping negative, and relative strength vs. SPY in a confirmed downtrend. The counter-trend bounce appears exhausted.
Why It May Work
Why It May Not Work
Timeline
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