BTC, GBTC, NYXBT updates 10/8

BTC: Not much to add to last week’s update as price has mostly gone sideways. It is still below trendline resistance, but above horizontal support. Hard to assess at this stage what price will do exactly, though I prefer to continue to look down until proven otherwise (strong rally through resistance).

BTC.png

GBTC: Please see annotations in the chart.

GBTC

NYXBT: Like BTC nothing new to add as price is consolidating sideways. Distribution or accumulation? I don’t see anything Bullish yet, i.e. a breakout, so I assume its distribution.

NYXBT.png