A record GBTC rebate could trigger a $ 100,000 rise in Bitcoin price – analyst

A record GBTC rebate could trigger a $ 100,000 rise in Bitcoin price – analyst

((BTC) could expect a bull run of USD 100,000 next if a classic signal from institutions repeats its historical trend.

In one Tweet On March 4, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, said those looking for clues about what’s next for Bitcoin should check out the Grayscale Bitcoin Trust (GBTC).

GBTC Premium vs. Chart. Source: Mike McGlone / Twitter

Read on on Coin Telegraph

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