Grayscale Bitcoin Trust (BTC)
Investment Thesis
GBTC hit a fresh 52-week low of $46.80 on June 5 with near-capitulation volume (~3× average), while RSI(14) collapsed to 5.26 — one of the most extreme oversold readings possible. The GBTC/SPY relative-strength ratio RSI is even more extreme at 2.72. A tactical mean-reversion bounce toward the $55–58 zone is plausible if selling exhaustion confirms.
Why It May Work
Why It May Not Work
Timeline
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