#TwoMonthsOfBear
Length upcoming bear season will be almost equal to the “gbtc at a discount” timeframe: two months and counting.
Lowest Bitcoin price during this bear season can be calculated with this formula:
(pi x (hdgd))% of ATH (dip percentage)
hdgh = highest daily grayscale discount
Lowest price calculation at the moment ≈$26400.
I think that we will see a ≈22% Grayscale Bitcoin Trust discount in the coming days.
That would mean that the lowest Bitcoin price during the mid June 2021 bottom will be somewhere around ≈$20200.
ycharts.com/companies/GBTC/discount_or_premium_to_nav
We will see Bitcoin do a hard V-reversal after the bottom in mid June 2021.
Lowest Bitcoin price during this bear season can be calculated with this formula:
(pi x (hdgd))% of ATH (dip percentage)
hdgh = highest daily grayscale discount
Lowest price calculation at the moment ≈$26400.
I think that we will see a ≈22% Grayscale Bitcoin Trust discount in the coming days.
That would mean that the lowest Bitcoin price during the mid June 2021 bottom will be somewhere around ≈$20200.
ycharts.com/companies/GBTC/discount_or_premium_to_nav
We will see Bitcoin do a hard V-reversal after the bottom in mid June 2021.
עסקה פעילה
Opened a big short. Tomorrow I expect the first aggressive dip (52k).הערה
Grayscale discount is getting closer to that 22% number.הערה
I'm expecting an accelerated breakdown towards 42k coming Monday.הערה
Bitcoin working on a bearish crossover (1D, MA50/MA100).הערה
Bitcoin completed the bearish crossover (1D, MA50/MA100).הערה
Bitcoin working on a death cross (1D, MA50/MA200).עסקה סגורה: היעד הושג
Hey friends! I closed my short today and will follow up my views and comments in the related idea:
Hope you check that one out!
/salute Shiningforce
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.