BTC, GBTC, NYXBT updates 10/01

BTC: Really not much to add, other than the bounce as simple getting smaller and smaller and there’s still no significant breakout. If there’s no breakout, we’ll eventually get a breakdown. Simple as that.


GBTC: This fund is sitting right at support. A break below it targets $6 at a minimum. The technical indicators are weak and bleak and want to see lower prices. Nothing Bullish (no breakout) about this chart.


NYXBT: Nothing Bullish here either. Last week’s side ways move simple took care of the oversold levels and now the technicals look ready to move down. Break below support targets $4500.