Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo
Seeking Alpha 2021-11-23 22:49:24

GBTC: A Few Events To Watch For In Grayscale Bitcoin Trust

Bitcoin continues its bullish run post the lows seen in July.The great hash rate migration kicked off by China's move to ban bitcoin miners was the catalyst for the correction needed to move to new highs.My bullish stance remains unchanged, however, some profit taking off such a strong recent run would not be surprising.Shares of Grayscale Bitcoin Trust have come to life in lockstep with the move in Bitcoin helping investor sentiment.A few key events on the near-term horizon will have an outsized impact on the move in Bitcoin as will be discussed below.

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