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Stock Trend Analysis Report

Prepared for you on Monday, December 2, 2024.

Grayscale Bitcoin Trust (BTC) Common Units of fractional undivided beneficial interest (PACF:GBTC)

Long-Term Uptrend (+90) - GBTC is in a strong uptrend that is likely to continue. While GBTC is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
77.3700 78.6199 77.1000 77.1200 +0.3000
Entry Signal

MarketClub’s Trade Triangles for GBTC

long term up The long-term trend has been UP since Nov 6th, 2024 at 58.6000

intermediate term up The intermediate-term trend has been UP since Sep 24th, 2024 at 50.9100

short term up The short-term trend has been UP since Nov 29th, 2024 at 77.4479

Smart Scan Analysis for GBTC

Based on our trend formula, GBTC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for GBTC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
77.3700 78.6199 77.1000 77.1200 +0.3000
Prev. Close Volume Bid Ask Time
77.0900 2866929 2024-11-29 12:59:25
52wk High79.3452wk High Date2024-11-22
52wk Low27.09768252wk Low Date2023-11-30
Average Volume5,181,819Shares Outstanding337,337
Assets263,504,700MP/E Ratio-106.10640000
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