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GBTC - a possible leading indicator for BTCUSD

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We can see here back on the 16th of June, GBTC strongly broke upwards out of the descending pattern.
BTCUSD followed over the next days.
Could this current strong breakout of the descending trendline for GBTC, be a leading indicator of another big move upwards for BTCUSD ?
What do you think?

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