This will be short and sweet. Yesterday I got out of my GBTC short. As of today I am mostly in cash. I do own CCIV WS which I bought at $.93. Additionally, I own AGQ,NUGT,UGL. I think Bitcoin is in a dead cat bounce. Once it goes over $50,000 I believe it could go as low as as $10,000 per bitcoin. However, my target price is $16,000. I will either short GBTC Or use the new ETF that shorts Bitcoin. I will Let you know when I short Bitcoin again, and which way I go. I will probably use the ETF because if you short the brokerage firm can recall your short without notice. If you want to gamble you could buy GBTC and sell it when/if Bitcoin to $50,000.
