Approx 113k of Bitcoin in Grayscale’s Bitcoin Trust (GBTC) has been on the move since the launch of the ETFs. This will no doubt have had an impact on price volatility in Jan.

Beware of corrections in $BTC, bids working!

There is still considerable risk in the markets, after taking profits on our $BTC allocation, we are going to remain patient and wait it out in gold ($PAXG). We believe there is a high probability of better risk / reward to long $BTC and potentially $ETH and other alts down the road.

“Bitcoin is a bank in cyberspace, run by incorruptible software, offering a global, affordable, simple and secure savings account to billions of people that don’t have the option or desire to run their own hedge fund” - MICHAEL SAYLOR, 2021