GBTC is the Bitcoin Investment Trust traded as an equity equivalent where 1 share should equal 1/10 of a bitcoin. The chart below shows a clear a,b,c,d,e consolidation as blue wave 2. MACD is oversold in this 4 hour time frame and a breakout out of this triangle is likely. The key question is as to whether this is the new run towards all time new highs. If so, the next impulse can take GBTC to exceed the $6k mark. But, let's bridle our enthusiasm, as this is the sub daily degree of trend.