Trading Signals: GBTC Stock Price Prediction and Forecast

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Thu. Jun. 11, 2020

Trading Signals: GBTC Stock Price Prediction and Forecast (Wed. May. 31, 2017 - Tue. Feb. 14, 2023)

(Grayscale Bitcoin Trust)
GBTC latest price $10.8000 (-12.16%) ($10.5800 - $12.0000) on Thu. Jun. 11, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   7.01% (three month average)
RSI   55
Latest Price   $10.8000(-12.16%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   GBTC declines -1.6% a day on average for past five trading days.
Weekly Trend   GBTC advances 4.1% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support GBTC advance at 0% a week (0% probability)
BLOK(62%)    ARKK(35%)    IDRV(34%)    LIT(34%)    ARKG(33%)
Factors Impacting GBTC price   GBTC will decline at least -3.505% in a week (0% probabilities).
UUP(-33%)    VXX(-26%)    VIXM(-22%)    IGOV(-7%)    TLT(-6%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.505% (StdDev 7.01%)
Hourly BBV 0 ()
Intraday Trend -9.7%

Resistance Level   $11.2
5 Day Moving Average   $11.49(-6.01%)
10 Day Moving Average   $11.42(-5.43%)
20 Day Moving Average   $11.2(-3.57%)
To recent high   -12.2%
To recent low   95%
Market Cap   $N/A

Acts as Open-End Investment Fund/Unit Trust

$. GBTC price fluctuates within 4.38% (three month std-dev: 7.01%) daily (68% of days).

Sample size 1 Average positive next day return: 0.94%(100%) Average negative next day return: 0%(0%) Sample size 1 Average positive next three day return: 1.13%(100%) Average negative next three day return: %(0%) Sample size 1 Average positive next weekly return: 3.19%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200711

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jun_11_2020	9.76	11.2	11.42	11.49	11.56	11.64	10.8(-12.16%)	UD	OpenLong	65	-1.4	4	70	-6	32	11.06	55%	0.1	21.7	7.01%	0	-0.8	55	-2.6
2	Jun_10_2020	9.75	11.22	11.44	11.68	11.6	11.75	12.3(6.63%)	UT	OpenLong	75	1.3	17	70	7	45	9.24	59%	0.31	37.9	6.9%	0	2.3	60	0.9
3	Jun_9_2020	9.72	11.14	11.26	11.49	11.52	11.49	11.53(-0.43%)	UD	OpenLong	75	0.1	8	-10	1	29	2.74	54%	0.21	36.3	6.87%	0	0.9	51	1
4	Jun_8_2020	9.7	11.08	11.13	11.46	11.48	11.45	11.58(2.89%)	UT	OpenLong	75	0.3	6	-10	1	19	3.93	54%	0.1	36.9	7.18%	0	1.1	51	1.6
5	Jun_5_2020	9.69	11.07	11.04	11.4	11.54	11.55	11.26(-4.05%)	UD	OpenLong	75	-0.3	5	40	2	14	3.86	56%	0.21	53.8	7.19%	0	0.4	53	2

6	Jun_4_2020	9.67	11.1	10.98	11.33	11.47	11.51	11.73(3.44%)	UT	OpenLong	75	0.8	5	60	5	4	3.91	56%	0.21	66	7.24%	0	1.3	48	1.6
7	Jun_3_2020	9.65	11.04	10.98	11.16	11.28	11.53	11.34(-0.66%)	N/A	N/A	0	0.4	3	190	5	-3	3.34	56%	0.1	70.4	7.23%	0	0.6	52	1.7
8	Jun_2_2020	9.64	10.98	10.91	11	11.16	11.44	11.42(1.2%)	N/A	N/A	0	0.8	7	220	10	-3	11.06	57%	0.21	70.3	7.25%	0	0.8	59	1.3
9	Jun_1_2020	9.62	10.91	10.9	10.75	10.89	11.03	11.28(3.58%)	N/A	N/A	0	1	2	130	5	-8	3.17	57%	0.21	64.1	7.27%	0	0.7	61	1
10	May_29_2020	9.6	10.83	10.87	10.63	10.66	10.88	10.89(0.09%)	DP	OpenShort	-65	0.4	-2	150	3	-17	2.07	57%	0.21	57.7	7.32%	0	0.1	46	1.3

11	May_28_2020	9.58	10.78	10.95	10.57	10.6	10.74	10.88(3.23%)	DP	OpenShort	-75	0.5	-5	100	0	-21	3.22	56%	0.1	62.3	7.38%	0	0.2	42	0.9
12	May_27_2020	9.57	10.72	10.98	10.64	10.54	10.44	10.54(3.54%)	DP	OpenShort	-75	-0.1	-8	-90	-5	-18	3.33	56%	0.1	74.6	7.42%	0	-0.3	51	1.5
13	May_26_2020	9.56	10.63	11	10.81	10.73	10.46	10.18(-4.5%)	DT	OpenShort	-75	-0.7	-9	-200	-9	-9	4.65	56%	0.21	73.5	7.4%	0	-0.5	55	1.3
14	May_22_2020	9.54	10.57	11.03	11.06	11.02	10.65	10.66(0.76%)	N/A	N/A	0	-0.4	-3	-250	-5	5	3.23	51%	0.32	78.5	7.43%	0	0.1	58	1.2
15	May_21_2020	9.51	10.48	11.11	11.14	11.24	11.01	10.58(-5.75%)	N/A	N/A	0	-0.5	-2	-120	-9	20	7.53	51%	0.11	81.9	7.49%	0	0.1	62	1.1

16	May_20_2020	9.5	10.39	11.25	11.14	11.41	11.39	11.23(-1.62%)	UD	OpenLong	65	-0.1	12	-0	-1	49	4.88	50%	0.32	85.1	7.45%	0	0.7	62	1.5
17	May_19_2020	9.47	10.22	11.2	11.38	11.56	11.47	11.41(0%)	UD	OpenLong	65	0	18	-10	4	61	2.75	50%	0.32	81.3	7.49%	0	0.9	65	0.9
18	May_18_2020	9.44	10.03	11.07	11.22	11.5	11.43	11.41(3.26%)	UT	OpenLong	75	0.1	21	30	5	68	4.67	50%	0.32	74.5	7.5%	0	1	72	1.4
19	May_15_2020	9.41	9.83	10.94	11	11.3	11.65	11.05(-6.36%)	UD	OpenLong	65	0	16	300	-1	67	5.91	50%	0.21	68.4	7.49%	0	0.8	66	1
20	May_14_2020	9.39	9.65	10.79	11.08	11.07	11.58	11.8(5.26%)	UT	OpenLong	75	0.5	24	320	4	83	6.49	51%	0.32	69.1	7.5%	0	1.5	72	0.8

21	May_13_2020	9.36	9.44	10.59	11.11	11.03	10.95	11.21(5.46%)	UT	OpenLong	75	0.1	28	-70	4	99	7.5	49%	0.21	71.2	7.5%	0	1.2	70	0.1
22	May_12_2020	9.34	9.24	10.43	11.02	11.11	10.56	10.63(3.3%)	UD	OpenLong	65	-0.3	27	-320	-1	112	8.98	49%	0.21	68.5	7.52%	0	1	73	1.2
23	May_11_2020	9.32	9.08	10.23	10.9	11.07	11.11	10.29(-10.13%)	UD	OpenLong	65	-0.4	28	70	-2	119	13.31	51%	0.11	63.9	7.53%	0	0.8	73	2.3
24	May_8_2020	9.31	8.93	10.09	10.84	10.97	11.66	11.45(-4.38%)	UD	OpenLong	75	0.4	49	480	17	145	12.48	53%	0.32	62.3	7.41%	0	1.7	82	2
25	May_7_2020	9.28	8.73	9.8	10.44	10.48	11.03	11.98(11.4%)	UT	HoldLong	65	1.2	48	380	18	138	13.68	53%		59.2	7.45%	0	2.4	83	1.4
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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