GBTC (Bitcoin Investment Trust) Tags a 54% Return! What's next? It's in this blog!
SUMMARY
I had recommended GBTC (Bitcoin Investment Trust) at $647 and hit just under $1,000 for a cool 54% return. The below chart pattern, an ascending right triangle was use to project a minimum run of $1,051.
I believe $1,051 will coincide with BTC $9,000 level or so after which a correction would happen. If so, now to $1,051 would be good time to gratefully and humbly take some profits!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
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LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
Well said 54% thanks
this is btc bitcoin...
Haejin sorry for insisting but could you analyze Ardor please?
Here is the analysis for ARDOR; please use only to augment your due diligence.
https://steemit.com/bitcoin/@haejin/ardor-coin-ardr-usd-target-usd0-68-134-profit-potential-ardr-btc-target-0-00011-btc-203-profit-potential
What exchange can you buy this? Thanks!
tdameritrade. Not time to buy anymore.
Ok, thanks
hello,
For You evererething is concolidation, for me, it is drama :)
Dont wonna be bored, but, can You do ark TA...
RISE, my second alt coin, at this time is going very well just becouse of You I have some... lol, this not sound good... any way,I am new at this thing and all of literature on serbian language I will find about Elliott Wave ... some of that I had in my faculty, but that was 15 years ago... Please do a Ta of ark...
all the best,
Ivan
P.S
sorry on my english
Got some at 400- should have loaded the boat- agree with plan to watch for now- when "corrects"- buy more
If you're new, buy the underlying asset bitcoin directly instead of relying on paper investments of Trust fund or ETF. You gain full control and financial emancipation.