This morning, it occurred to me that we would probably be seeing too much Bitcoin coverage. On my Twitter feed, other people I am and the sites I visit. Google’s search for “bitcoin” revealed “about 416,000,000 effects (0. 79 seconds)”.
Too much media policy and speculative action, Winklevoss twins promote a super optimistic view, and web chat tends to be a marker of excessive feeling that only sees the return to the increase and ignores the risk of the problem.
Let’s take a look at some bitcoin ETF charts.
On this Grayscale Bitcoin Trust (GBTC) Candlestick Chart, we can see attractive clues: prices show a bearish doji tombstone style on Monday, a bearish confirmation would be smart on Tuesday, but with a short-term spike in the balance -Volume (OBV), a cautious position is a smart idea. The analysis of the 12-day value dynamics shows a peak last week and that only adds to the uptrend, in my opinion.
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