GBTC Looks To Be Forming A Bullish Triangle
Oct 12, 2023


GBTC looks to be forming a bullish triangle pattern from technical point of view and from Elliott wave perspective.

Bitcoin Grayscale Investment Trust with ticker GBTC is showing sideways corrective price action in the hourly chart, ideally a bullish triangle pattern that can take the Bitcoin price higher once it’s fully completed, especially if we consider a strong daily trendline support.

GBTC Looks To Be Forming A Bullish Triangle GBTC 1H Chart
GBTC 1H Chart
GBTC Looks To Be Forming A Bullish Triangle GBTC Daily Chart
GBTC Daily Chart

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Litecoin Is Eyeing 50-40 Support Zone. Check our blog HERE.


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