BTC hanging on the historic support from Sept 2017 and just landed on the 5th arc of the plotted Gann square. Notice the coming BAKKT and ETF dates on Dec 12 and Dec 27.
Comment:
Around the date for the approval/rejection by the SEC of the Van Eck ETF, December 27th there's an intersection of the historic support from 2017 (that became resistance since the end of October 2018) and the 5th arc (red area).
I believe that its approval and the breakout of that very important resistance could be the catalyst that everyone has been waiting for the next bull run. We might even see it before if the BAKKT BTC futures start trading on December 12.
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I believe that its approval and the breakout of that very important resistance could be the catalyst that everyone has been waiting for the next bull run. We might even see it before if the BAKKT BTC futures start trading on December 12.