🚨 URGENT: BTC Breaks Through 31K! 🚀 Next Stop: 44K? 🎯
Text: Hey Folks! 🙌 Urgent news—BTC just busted through some major resistances. We're talking $31,500 and $31,000 acting as support now! 💪
Time for a reality check:
3rd attempt to soar past FWB:31K: Success! 🥳 Next stop if we stay above FWB:31K: A rapid ride to 44K! 🚀
*Good News Alert: The iShares Bitcoin Trust just got listed on DTCC! 🎉 So, an ETF approval is almost a done deal. 📈
Last FUD: JP Morgan blocking crypto in the UK—seems like their loss. We said it was a chase for cheaper BTC, and boom! 🎯 Odds & Ends:
55% chance we'll rise without dropping back down. 📈 30% chance of a dip to 30K before bouncing back up. ⬆️ 15% chance we might go lower. ⬇️ That’s it for now. If you’ve got Qs, hit up the comments below. 🔽 Stay tuned for more updates!
One Love,
The FXPROFESSOR 💙
* The Depository Trust & Clearing Corporation (DTCC) is a U.S. financial services company that provides clearing and settlement services for financial markets. When the iShares Bitcoin Trust is listed on the DTCC, it indicates that the trust's trades can now be cleared and settled through this well-established financial institution. This is big because it provides an extra layer of security and legitimacy to trading the asset.
The listing on DTCC is often considered a step toward getting an ETF (Exchange-Traded Fund) approved. ETFs are investment funds traded on stock exchanges, and they can make it easier for retail and institutional investors to invest in assets like Bitcoin without actually holding the cryptocurrency themselves.
So, when you hear that the iShares Bitcoin Trust got listed on DTCC, it suggests that an ETF approval could be just around the corner. This would be a huge deal for Bitcoin and the crypto market as a whole, likely bringing in more liquidity and potentially pushing up prices.