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Seeking Alpha 2022-01-25 06:44:51

GBTC: My Thoughts On The Recent Sell-Off In The Grayscale Bitcoin Trust

Bitcoin has sold off once again in reaction to the threat of a potential ban.News of this nature add to the volatile nature of the asset, yet volatility can lead to opportunity.Much like the China ban in the summer of 2020, the drop was brutal, yet the asset rallied to new highs in November.A bullish case for GBTC can be made based on math as will be detailed below.

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