Grayscale Investments said itβs β100% committedβ to converting its flagship Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund
@Nate_DICamillo and @KReyofCoinDesk
https://t.co/9tB5PAxYZp
#Bitcoin bull markets typically have 3 waves.
We have just completed wave 1.
In 2017 #Bitcoin went up 7.5x from the peak of wave 1 to the peak of wave 3.
That would take #Bitcoin to $315k if it repeated the same pattern.
Interesting dataπ
we are in the BEST period in crypto right now.
If you're waiting to enter crypto, I don't know what the fuck you're waiting for anymore, but this is the BEST time.
- BTC will continue to move towards the 50k price level in the near future. This could be the correction to it.
- Once BTC is stable, the new altcoin can recover so don't panic and sell off leads to a bottom selling. Should stay there and watch the market π
Introducing an all-new CoinDesk TV, our hybrid live studio inviting @HesterPeirce, @brianbrooksocc, @giancarlomkts and many more. Watch here at 9 a.m. ET.
Amid today's turbulence, there's no better time or purpose to launch, writes #CDTVβs @JoannePo: https://t.co/wS3hiM0u0j