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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)

Crossroads (+60) - GBTC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

PACF_GBTC
Open High Low GBTC Price Change
76.79 78.65 76.54 78.61 +4.90
Entry Signal

MarketClub’s Trade Triangles for GBTC

long term up The long-term trend has been UP since Nov 6th, 2024 at 58.60

intermediate term down The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 74.33

short term down 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 +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for GBTC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
76.79 78.65 76.54 78.61 +4.90
Prev. Close Volume Bid Ask Time
78.45 1635911 2024-12-24 12:59:43
52wk High86.1152wk High Date2024-12-17
52wk Low30.65532552wk Low Date2023-12-29
Average Volume4,123,387Shares Outstanding337,337
Assets263,504,700MP/E Ratio-106.10640000
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