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Financial news I consider important, with my opinion, which is worth as much as you paid for it.

Monday, January 18, 2021

Watching Bitcoin

 I am watching Bitcoin to send a signal of a new lower low, or moving to next level of highs.

The range I am watching is depicted below.  Any new high would force my hand to buy back into GBTC.  I am waiting to see what direction bitcoin chooses.  My hope is to buy back into GBTC at 26-33 range.


If/when the stock market does to move lower, I do expect Bitcoin to follow.



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