There's so many hype and noise about this GBTC unlock, I don't think it will have a big effect.
And if ever they sold, do you think they will not buy back again when the price hits below $30k?
It could fit the bearish narrative that we are experiencing right now, but I doubt that it will have a long term effect.
Yeah I think so Gbtc will buy back again but below 30k panic sell will be started . many new traders are entered in Crypto just for Short profit. This will cause Huge Fire in Alt. We can see 60%+ downtrend Here