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Big GBTC Dump (Patreon)

Published:
2024-08-08 23:27:26
Imported:
2026-06
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Content

Grayscale still stinking up the place! Their mini-trust couldn't save them.

Biggest drop since April 8th!

But don’t worry—$FBTC is overdue for a big buy, and $IBIT always delivers.

In other news BTC just had a greater than 10% day - rem be on the train for those key 10 days of the year - it is one of them.

Also we just cut thru the 200 DMA

 

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Comments

The Phantom

Crypto is a crazy market for sure. Been here 6 months and learned a $hit ton😆

Trask Bergerson

Here comes the National State Game Theory ! “ Samson Mow, CEO of Bitcoin technology company JAN3, recommended that Taiwan should adopt BTC as part of its national reserve strategy by purchasing 83,000 units of the cryptocurrency.”

TeslaToshi

I think that many retail BTClers can't stomach the vola. Down to 49k then up to 62k. Hell of a ride. However, I stay on this rollercoaster.

Phoenix Down

For once, Bitcoin didn't get the memo

Warhammer

Hi James why are you using the older model of IA trend when the latest 3.2 is available

Trish H

Thanks James ❤️🇦🇺

E C

Just wait for the halving! Oh that didn't work. Waiting until 90 days after halving! Oh, that didn't work. Wait until ETFs get approved! Oh, that didn't work. Here comes Hong Kong ! Oh, that didn't work. All of these things were supposed to help shoot the bitcoin price up toward 100 K. Didn't happen. Instead of going to 100 K we are now more than 20 K minus the all-time high. The exact opposite of what everyone thought would happen. I'm not afraid of volatility, I'm afraid of manipulation. If the market can be manipulated on a small scale, someday it will be manipulated on a massive scale, especially with bitcoin, concentrating into fewer hands. Have my exit plan in place and finger on the trigger.

dean2012ad

GBTC is the appointed "fall guy" dumper by the ETFs bosses the four horsemen, so the big Mafia Boss AKA the "Finkster" can own all the BTC..."he who owns all da Bitcoin owns da money".

JLspilledtruth

If we never step off the train we don’t have to remember to get back on!