Although Bitcoin goes down GBTC went up

What is going on here? GBTC is the GreyScale Bifcoin trust. It exploded up for almost 10% while bitcoin goes sideways to slightly down. What does this mean?

It could mean the correction is either over or Almost over.

Why and how can this happen?

For me this shows that GBTC without a doubt is not bitcoiin and it trades outside the bitcoin market.


Let me know what you think in the comments.


Thanks and be blessed

WeAreSat0shi.