Time Is Running Out - Bitcoin MACRO Triangle - BBW COIL

Is it fate or bad luck 2015 Bitfinex liquidity crisis simulated the 2020 liquidity crisis at similar moments on a macro scale?

Zooming out on a large time frame the BBW has never been this coiled up since (2016)

This movement has to break, and Bitcoin has a nice way of making a smaller triangle within the larger Macro Triangle.

Pretty interesting to see how the worst liquidity crisis 2x did not break bitcoins trend, + the biggest leverage (blow out) to the upside with FTX / 3AC also did not break the trend.

Time is short for whatever happens, always seems like forever in the moment.

Comment:

ARK Invest's 2ed deadline for its spot #Bitcoin ETF application is this Sunday.
Will it be approved?
ARKK has been following SEC guidelines to the period. Altering to their requirements working with them perfectly.

What is a good indication is that futures are up and running
(note to people unaware you need a futures market to successfully operate a spot commodity ETF)

If the SEC had no intentions to approve a Spot Bitcoin ETF they would have not approved the futures.

I do believe Arkk deserves the first approved spot ETF followed by the SEC considering shortening the other spot ETF applications, it would only be fair as both the fillings are identical.