Lost in the Monetary Shuffle… Bitcoin (GBTC)

Sure, it’s the wimpy way to play the crypto market but for me, a not really believer, it’s the best way.

From the NFTRH Trade Log on July 31st…

“Taking a shot w/ a little GBTC on the in-day fade after AM flag break from SMA 50. That MA is roughly my tolerance.”

So far, so good. It then made a hard test of the SMA 50 and reversed.

NFTRH+ caught this one for a nice trade off the bottom back in March but I sold too soon and have since just had it lightly on watch as the volatility brewed into something approaching gut wrenching. Gut wrenching is not really my M.O. So we’ll see. It seems like an okay component to a moderately diverse portfolio.


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