And bitcoin won't get there on this current Dollar Virgil induced dumpf. I've been tracking GBTC since I found out about it from someone over at Utube. Why not? If given a choice of being "trapped" in actual bitcoin by your exchange, or going with an exchange traded ETF where you can get out in 5 seconds if you want to like you can with GBTC, it seemed worth tracking to me. I update my blog here on teh technicals whenever an important signal of note materializes. As of right now the downside target is 297.50 (to be eggzact) but I wouldn't be surprised to see it trade down to $165. Thus my commentary that buying "actual" bitcoin between $1800 and $1500 will likely lead to more losses. A GBTC price of $165 will take bitcoin closer to $1000. That will open the door to the "gap n crap" low that was set in bitcoin prior to the news that bitcoin did not receive S.E.C approval for listing on any of the major exchanges. I think that low was $770. Something like that anyway.