SUMMARY
Just 12 days ago, I had put out a buy recommendation of GBTC (Bitcoin Investment Trust) at $648 and today it has surpassed $835!!
https://steemit.com/bitcoin/@haejin/gbtc-bitcoin-investment-trust-high-impact-trade-buy-usd684-usd648-stop-usd614-target-usd-1400-profit-potential-116
Here is the original chart and original markings used. The Fractal #1 and Fractal #2 were just too uncanny to ignore. This is the power of combining Elliott Waves with Chart Pattern Recognition.
The below chart is updated and the target is no longer $1,400 but now $2,150 as shown by the Elliott Waves. That would represent 238% profit potential from the original buy level of $648!!!
There are many analysts out there calling BGTC as trash or a no good scam given its arbitrage. I don't. I think these analysts should consider with a bit more fiduciary responsibility in that their preconceived negative emotions about GBTC could be robbing their subscribers of MASSIVE profits!
--
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LefeWrQXumis3MzrsvxHWzpNBAAFDQbB66
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**