GBTC - Wants to break out but can we bring premium back?
GBTC could be getting ready to make another run to 1K.
Falling wedge and current trend developed over last few days suggest we're heading for a breakout.
The real hangup is the premium associated with GBTC. It traded as high as 130% when GBTC made a run to $1050 and collapsed as low as 20% a few days ago.
Currently trading at 30-31% premium.
GBTC and MGTI - both stocks about to breakout. The signs for a substantial breakout in MGTI are overwhelming - we have a giant cup+handle formation that's been building over 14 months. The handle should complete and break out within the next week; quite possibly within the next 2 trading days.
Falling wedge and current trend developed over last few days suggest we're heading for a breakout.
The real hangup is the premium associated with GBTC. It traded as high as 130% when GBTC made a run to $1050 and collapsed as low as 20% a few days ago.
Currently trading at 30-31% premium.
GBTC and MGTI - both stocks about to breakout. The signs for a substantial breakout in MGTI are overwhelming - we have a giant cup+handle formation that's been building over 14 months. The handle should complete and break out within the next week; quite possibly within the next 2 trading days.
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