Thursday, January 22, 2026

GBTC

Monthly cycle is 15 months and we are currently in the 8th month. There is still time and potential to go higher. The market is in a strong uptrend.

On the weekly chart cycles are 24 and 72 weeks. Bitcoin is in the first half of both cycles. The bottom of 24 weeks cycle is the week of 11/17. There is a lot of time to go up further.

On daily chart cycles are 29 and 116. The both cycles started on 6/16 and there was a strong advance. The bottom of the 29 days cycle is 7/29. 

Conclusion: 

Only long trade is possible if market bottoms.