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     Wed. Feb. 24, 2021

Trading Signals: GBTC Stock Price Prediction and Forecast (Tue. Jan. 26, 2016 - Wed. Feb. 24, 2021)

(Grayscale Bitcoin Trust)

GBTC latest price $48.8500 (6.54%) ($46.4300 - $49.4500) on Wed. Feb. 24, 2021.


Trend Analysis and Forecast
 
Trend Pattern  Uptrend Consolidation
Trend Narrative  Uptrend Consolidation
Average Daily Price Swing  $7.77 (18.17% one month average)
Average Daily Percentage Swing  7.92% (three month average)
Weekly Trend Force  1% (StdDev 7.92%)
Daily Moving Force  -3%
Correction Force  Weak (0%)
Trend   2.84%
Trend Strength  16.9%
RSI   73
Momentum  2.3
Latest Price  $48.8500(6.54%)
Forecasted Low Price  46.9(-4%)
Forecasted High Price  50.07(2.5%)
Direction of Next Movement  Range(-1.5%)
% Change Needed to Confirm Correction  14% (42.85)
% Change Needed for Trend Reversal  1.7%
Hourly Trend   -7.8% [$47.9(-3.74), $51.13(1.64)]
Stocks Behave Similarly  Similar Stock List
Complacency  7
Intraday Reversal Probability  N/A.
Daily Trend  GBTC declines -0.4% a day on average for past five trading days.
Weekly Trend  GBTC advances 16.6% a week on average for past two weeks.
Market Behavior  Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs  Broad market will support GBTC decline at-1.5% a week (68% probability)
  FEX(63%)    IBUY(49%)    TBT(49%)    IPO(48%)    EWG(47%)  
Factors Impacting GBTC price  GBTC will advance at least 2% in a week (47% probabilities).
  BND(-51%)    TLT(-50%)    CEMB(-46%)    VCIT(-44%)    LQD(-43%)  
Explanation   The decline is not sustainable and not supported by the broad market.
Trading Plan  Not Available
 
Valuation to SPY   0.6
 
Relative Volatility   1.3 (options are expensive)
 
Market Trend Strength  1.5% (StdDev 7.92%)
Hourly BBV   -0.5 ()
Intraday Trend   1.2%
  
 

  


Next Hour Price  $48.49(-0.74%)
Inflection Point  Yes
Support Level  $42.77
5 Day Moving Average  $51.75(-5.6%)
10 Day Moving Average  $49.99(-2.28%)
20 Day Moving Average  $42.77(14.22%)
To recent high  -14.4%
To recent low  159.4%
Market Cap  $N/A
 
Option Sentiment  
 
 
 
 


Acts as Open-End Investment Fund/Unit Trust


$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. GBTC price fluctuates within 18.17% (three month std-dev: 7.92%    one year average std_dev: 0%) daily (68% of days).
$. GBTC price fluctuates within 0% weekly (one year average std_dev: %).

Analysis   News   Options   Weekly Chart   Daily Chart   Hourly Chart   15 Minute Chart

  >  20210225

iDateema20(Trend)ema10(Trend) ema5(Trend) Slow Hourly
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CloseActualPriceRangeBBVHourly
BBV
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CRVVIXCDTrend-Narrative  NextDay
PriceTarget  
NextDayPriceRangeVolume
millions
To High-Low
1Feb_24_202142.77 (1.8%)49.99 (3.4%)51.75 (-0.4%) 51.13 47.9(0%)48.85(6.54%)46.43-49.451.2(0.8)-0.5 -3%1%0%2.84%16.9%732.3 Uptrend Consolidation  Range(-2%)70.61.1Uptrend Consolidation 47.89(-1.97%)46.19-52.9910.77   -14.4%-159.4% 
2Feb_23_202142.09 (1.8%)49.6 (4.2%)51.98 (-1.2%) 49.49 51.64(0%)45.85(-19.7%)42.4-53.631.3(0.5)-1.2 -3.3%1.2%0%3.44%17.8%742.5 Correction  Higher(7.8%)80.41.5Uptrend 50.71(10.6%)45.17-53.0828.88   -19.7%-143.4% 
3Feb_19_202141.7 (1.8%)48.98 (5%)52.6 (3.6%) 50.16 54.35(0%)57.1(7.94%)54.21-57.41.6(1.8)3.3 8.3%3.9%0%4.02%17.5%872.8 Growing Uptrend  Higher(12.2%)81.91.9Uptrend 65.13(14.06%)53.56-70.0810.89   0%-203.2% 
4Feb_18_202140.73 (1.6%)46.72 (4.8%)50.78 (3.1%) 48.3 47.34(0%)52.9(-2.16%)50.32-55.081.6(1.5)2.5 2.9%3.1%0%3.8%14.7%802.7 Growing Uptrend  Higher(7.1%)71.61.9Uptrend 59.48(12.43%)50.27-63.4214.63   -2.2%-180.9% 
5Feb_17_202140.17 (1.2%)44.93 (4.6%)49.27 (2.5%) 46.86 45.96(0%)54.07(8.16%)29.2-54.341.6(1.8)3.5 -3.7%3.8%0%3.6%11.9%772.6 Confirmed Correction  Range(0.1%)722.1Uptrend 59.95(10.88%)51-63.7914.21   0%-187.1% 
 
6Feb_16_202139.4 (1%)42.88 (4.6%)48.07 (2.4%) 47.78 49.27(0%)49.99(2.19%)48.57-52.151.6(1.6)2.2 2.4%3.5%0%3.54%8.8%782.3 Growing Uptrend  Higher(5.9%)81.72Growing Uptrend 55.99(12.01%)47.65-58.0812.21   0%-165.4% 
7Feb_12_202138.78 (0.8%)41 (4.2%)46.93 (4.9%) 47.14 47.75(0%)48.92(1.92%)46.97-491.7(1.7)1.7 3.1%3.5%0%3.24%5.7%682.2 Growing Uptrend  Higher(6.6%)81.72.1Growing Uptrend 54.05(10.48%)46.8-55.869.76   0%-172.4% 
8Feb_11_202138.15 (0.6%)39.25 (3.2%)44.76 (6.7%) 46.03 46.3(0%)48(5.77%)43.3-49.21.5(1.7)1.6 2.4%3%0%2.48%2.9%612.1 Growing Uptrend  Higher(5.4%)81.82.2Growing Uptrend 51.6(7.51%)46.04-52.9911.82   -0.1%-173.9% 
9Feb_10_202137.88 (0.4%)37.7 (2%)41.96 (5.4%) 43.85 46.53(0%)45.38(-5.58%)43.16-46.781.1(1.5)0.6 3.8%2.2%0%1.58%-0.5%571.9 Uptrend Dip  Higher(8.8%)81.52.2Uptrend 47.07(3.72%)43.84-48.459.76   -5.6%-174.9% 
10Feb_9_202137.78 (0.4%)36.54 (0.8%)39.82 (7.8%) 40.95 45.77(0%)48.06(8.54%)46.9-48.730.7(2.2)1 8.6%3.5%0%0.76%-3.3%531.7 Breakout  Higher(12.1%)72.22Uptrend 48.69(1.32%)45.95-49.8710.26   0%-191.1% 
 
11Feb_8_202137.49 (0.4%)34.83 (-0.4%)36.95 (7.8%) 37.97 41.18(0%)44.28(16.25%)42.85-44.60.1(1.8)1.2 9.8%2.3%0%-0.2%-7.1%541.4 Uptrend Reversal  Higher(12.1%)61.51.8N/A 42.77(-3.42%)40.5-44.6216.15   -1.5%-168.2% 
12Feb_5_202137.19 (0.2%)33.81 (-1.4%)34.28 (4%) 35.17 36.13(0%)38.09(12.06%)37.96-39-0.5(0.2)1.1 4.5%0.3%0%-0.96%-9.1%491.5 Uptrend Reversal  Higher(4.8%)501.7Downtrend 37.5(-1.55%)37.29-37.994.46   -15.3%-130.7% 
13Feb_1_202137.05 (0.2%)33.72 (-1.8%)32.96 (0.6%) 33.09 34.75(0%)33.99(-2.05%)32.8-34.24-0.9(-0.7)1.5 1.3%-0.9%0%-1.22%-9%461.8 Downtrend Consolidation Downtrend Pop Range(1.4%)4-0.71.1Downtrend 33.3(-2.03%)32.79-34.496.45   -24.4%-120.4% 
14Jan_29_202137 (0.2%)34.19 (-2%)32.77 (0.2%) 32.59 34.22(0%)34.7(3.03%)30-39.15-0.9(-0.5)1.4 4.4%-1.6%0%-1.4%-7.6%381.8 Rebound  Range(2.8%)4-0.30.2Downtrend 33.78(-2.66%)33.25-35.0119.31   -22.8%-127.4% 
15Jan_28_202136.95 (0.2%)34.98 (-2.2%)32.72 (1.1%) 32.26 31.42(0%)33.68(8.82%)31.58-33.72-0.9(-0.7)1.9 0.7%-1.2%0%-1.44%-5.3%351.8 Downtrend Consolidation  Range(-0.5%)4-0.60.6Downtrend 32.82(-2.55%)32.23-34.29.11   -25.1%-125.9% 
 
16Jan_27_202136.82 (0.2%)35.61 (-2.4%)32.38 (-2.7%) 32.52 30.95(0%)30.95(-1.71%)28.44-31-1(-1.3)-0.3 -4.4%-1.7%0%-1.62%-3.3%321.9 Growing Downtrend  Lower(-5.2%)4-1.10.9Correction 26.29(-15.05%)25.56-29.2216.91   -31.2%-107.6% 
17Jan_26_202136.86 (0.4%)36.44 (-2.2%)33.26 (-3.8%) 33 33.09(0%)31.49(-4.72%)31.05-32.66-0.8(-1.2)-2.1 -3.2%-1.1%0%-1.44%-1.2%421.9 Growing Downtrend  Range(-1.9%)4-1.21.5Correction 27.04(-14.13%)26.33-29.99.21   -30%-119% 
18Jan_25_202136.74 (0.6%)37.09 (-1.8%)34.57 (-3.5%) 34 34.09(0%)33.05(-4.06%)32.85-36.04-0.5(-0.8)-0.4 -0.1%-2%0%-1.1%0.9%521.9 Growing Downtrend  Range(-0.1%)3-12.2Correction 28.68(-13.23%)27.95-31.5612.35   -26.5%-129.8% 
19Jan_22_202136.59 (0.8%)38.2 (-1%)35.83 (-4.8%) 35.25 32.92(0%)34.45(7.88%)32.8-34.99-0.2(-0.5)0 -3.9%-1.8%0%-0.42%4.4%582 Downtrend Pop  Lower(-5.7%)3-0.52.1Correction 31.45(-8.7%)30.87-33.7817.12   -23.4%-139.6% 
20Jan_21_202136.59 (1.4%)39.24 (0%)37.64 (-4.3%) 36.87 33.91(0%)31.94(-9.66%)30.75-33.010.1(-0.9)0 -8.7%-2.2%0%0.46%7.7%542.2 Downtrend Reversal  Lower(-6.1%)4-0.52.4Downtrend Reversal 30.93(-3.16%)30.56-32.428.64   -29%-123.4% 
 
21Jan_20_202136.43 (2%)40.48 (1.2%)39.33 (-1.8%) 39.82 37.59(0%)35.35(-7.11%)33.3-37.180.5(-0.2)0 -4.1%-0.6%0%1.44%11.1%632.3 Downtrend Reversal  Range(-1.1%)50.12.3Uptrend Consolidation 35.94(1.68%)35.61-36.9419.22   -21.4%-165.7% 
22Jan_19_202136.18 (2.4%)40.96 (2%)40.04 (0.3%) 40.79 39.84(0%)38.06(-3.27%)37.85-40.980.8(0.3)0 -2.5%0.7%0%2.08%13.2%662.4 Uptrend Consolidation Correction Range(-0.2%)60.62.3Uptrend 40.67(6.86%)37.76-41.9214.87   -15.4%-196.6% 
23Jan_15_202135.71 (2.6%)40.76 (2.4%)39.91 (-2.5%) 40.47 42.04(0%)39.34(-9.63%)38.14-41.740.9(0.6)0 0.3%1.6%0%2.46%14.1%722.6 Uptrend Dip  Higher(6.7%)70.92.5Uptrend Consolidation 39.18(-0.41%)38.06-42.5418.06   -12.5%-216.5% 
24Jan_14_202135.07 (3.2%)40.13 (3%)40.92 (-0.7%) 39.79 41.75(0%)43.53(7.88%)43.45-44.51.2(1.4)1.1 2.8%2.7%0%3.06%14.4%742.8 Growing Uptrend  Higher(5.5%)71.52.5Uptrend 48.11(10.51%)41.49-50.9413.05   -3.2%-256.8% 
25Jan_13_202134.06 (3.4%)39.1 (3.4%)41.21 (-1.7%) 40.4 38.9(0%)40.35(3.67%)37.28-40.951.2(1.1)0 -0.1%2.5%0%3.46%14.8%672.9 Correction  Range(2.4%)71.11.9Uptrend 45.43(12.6%)39.11-48.1412.38   -10.3%-230.7% 
iDateema20(Trend)ema10(Trend) ema5(Trend) Slow Hourly
Trend
Fast Hourly
Trend
CloseActualPriceRangeBBVHourly
BBV
Daily
Moving
Force
Weekly
Trend
Force
Reversal
Force
TrendTrend
Strength
RSIMomentumTrend
Pattern
Next
Direction
CRVVIXCDTrend-Narrative  NextDay
PriceTarget  
NextDayPriceRangeVolume
millions
To High-Low
 
 
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