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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Grayscale Bitcoin Trust (BTC) Common Units of fractional undivided beneficial interest (PACF:GBTC)
Weak Downtrend (-65) - GBTC is showing signs of a strengthening downtrend. Monitor GBTC as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GBTC?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBTC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBTC
The long-term trend has been UP since Nov 6th, 2024 at 58.60
The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 74.33
The short-term trend has been DOWN since Dec 19th, 2024 at 79.32
Smart Scan Analysis for GBTC
Based on our trend formula, GBTC is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 75.9200 | 76.6250 | 75.4200 | 75.8122 | -2.6378 |
| Prev. Close | Volume | Bid | Ask | Time |
| 78.4500 | 2001572 | 2024-12-26 15:14:24 |
| 52wk High | 86.11 | 52wk High Date | 2024-12-17 |
| 52wk Low | 30.655325 | 52wk Low Date | 2023-12-29 |
| Average Volume | 4,123,387 | Shares Outstanding | 337,337 |
| Assets | 263,504,700M | P/E Ratio | -106.10640000 |