Hi everyone! 🌟 Today is a special episode, a special post, and a special idea. First of all, Happy New Year 🎊 to all of you!
We have Bitcoin at 45K, nearing 46K 🚀, prompting us to consider our options.
Is it time to sell the news 🤷♂️💼 with the Bitcoin ETF drawing closer?
The market is rife with FUD 😨, and Jim Cramer's opinions can't be ignored. He suggests that the ETF approval might be an opportunity to sell, but history has often shown his predictions to be off-mark 🙈.
Let's delve into history for guidance 🧐📚. Back in December 2017, during the CME listing of Bitcoin futures, I made a significant sell decision. At that time, I wasn't on Tradingview but shared my thoughts on Facebook, predicting a manipulation in Bitcoin's price post-news 📉🗞️. Indeed, the 2017 all-time highs weren’t revisited for three years, validating my decision 🎯.
✅📈. However, it’s essential to understand Bitcoin’s seasonality and cycles ⏳🔄. We're currently heading towards a halving year, with the next all-time high anticipated around the end of 2025 📅🚀. This differentiates the current situation from 2017.
My focus is on a key resistance level at $47,071 💹🔑, which will be instrumental in my decision to sell or hold. If this level is breached, we might witness a significant breakout 💥💸. However, should there be a surprise ETF rejection, a fallback to lower support levels is possible 😱📉.
To conclude, while my initial inclination was to sell the news, the current analysis suggests that might not be the most prudent course 🤔💭. Remember, each move in the crypto market requires careful analysis and an understanding of historical trends 🔬📉📈. Stay tuned for more insights and updates!
Hi!❤ Great Video Technical Analysis of BTC! I like it❤
filippos22
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well thank you for the update, I'm hoping for a correction at 25 haha maybe I'll load a btc too, I'm new to the area just seeing liquidity in that area anyway have a good year file
BestDoge
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we can se whats going to happen it's not unlikely it gets approved and this is just presale for banks and people in high positions to pick their pockets, but yeah I share the sentiment that buy the rumour, sell the news in this case to buy more, but right now I'm just watching as timing is not right for me personally
fastprofittrader
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Great analysis, it won't be surprise if sell off starts after ETF approval.
MyCryptoParadise_Simon
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BTC flirting with the 46K mark is exciting. It's these moments where strategy really comes into play.
Hellstorm2
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The most powerful asset ever, the most dynamic market of an asset ever. Let them short this as they were stopped out over and over again. This is the obvious long play since 16k. The real traders can manage swing trading but the fools who have no idea what thy are doing are FUD. So let us the FOMO and speculation and of course absolute value and utility and permission less platform to run its course into the most preferred currency and to be the reserve currency of the world. So why not, its not a dream it is the real revolution. The shorting it are thinking wrong through denial. We need you guys so keep on keeping on. You're a valuable part of the scenario. Set you stop losses. You gonna need them.
chillcrypto
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Just playing the odds, Cramer is bound to be right at some point.
Great Video Technical Analysis of BTC! I like it❤