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RE: GBTC Premium is rising - Bitcoin spike Imminent?

in #crypto6 years ago (edited)

GBTC premium tends to spike before and during up moves in bitcoin. There are some false alarms though, so no guarantees, but there does appear to be some sort of correlation. If this signal turns out to be true I would expect to see bitcoin moving up past $5,300 in the next couple of days.

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