As of the close of Tuesday, January 23, 2024, I looked at the relative strength of two securities related to the crypto market. Coinbase (COIN) and Grayscale Bitcoin Trust (GBTC).
Green lines show that COIN is the stronger, and red lines show that GBTC is the stronger. Blue is neither. I have also attached the daily graphs of COIN and GBTC.
COIN vs GBTC:
COIN:
GBTC:
