- GBTC has been actively traded before the spot Bitcoin ETF approval
- GBTC opened slightly higher today with much more trading volume
- High trading volume = $36.8 million, much higher than the average $7.3 million trading volume over the past 30 days
- GBTC is currently at a strong resistance target, which is concerning that the ETF approved as the price is approaching a key resistance level
- The 1-week RSI is also extremely overbought and needs a correction
- GBTC opened slightly higher today with much more trading volume
- High trading volume = $36.8 million, much higher than the average $7.3 million trading volume over the past 30 days
- GBTC is currently at a strong resistance target, which is concerning that the ETF approved as the price is approaching a key resistance level
- The 1-week RSI is also extremely overbought and needs a correction
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.