Numbers go up, that is what BTC always have done and most probably will continue to do. Finally, today ETF was approved, a historic day for BTC. Price action was relatively peaceful, but it didnt go down too much, only enough to get longs liquidated. Personally, I would not advice to long or short. Just pick coins that you think perform well. When you have a good...
#etf #bitcoin #expectations
Hey everybody!
This is dmassta from Formatiqa_trading
So, Bitcoin ETP (ETF if you wish) is approved by SEC at last (if the SEC website is not hacked and this is not trolling).
I have 3 thoughts that i wish to share:
1) in the long-term this news of course is bullish, although i don't expect bullrush right away; there is a trend...
Final approval of the first BTC spot ETFs could happen next week. In the meantime, the price action for the past month has closely followed the arc curve as well as linear trend line. Both are looking good for a potential breakout next week above the $45k level.
Like the dump we saw on Wednesday early morning. Don't believe the "sell the news" fearmongers....
Looks like BTC has few resistances to cross to reach 40k before starting the new phase of bull run.
2024 is next halving, so bull market will start after few months of halving.
2025 and 2026 will be a banger for BTC, as market cap is already huge, top might be less than 100k if we do not hit hyper-inflation before 2025.
Looks like a good opportunity to buy few...
- this is a complimentary piece to my last analysis
- Bitcoin´s spot ETF was indeed aproved but with a very mild reaction to the announcement it is confirmed that it was already fully priced in
- if everyone is long, who is there left to buy?
- buying anywhere in the blue rectangle should yield very good results for the rest of the bull run
36k is the last discounted area for a reversal and only then we might see BTC going up All the way to 70K breaking old high and creating new high, up to 73k+
Currently looking to take potential Short Positions seeing as the previously formed Weekly Demand Zone is currently being retested further signaling the Bearish Momentum still at bay in the overall Uptrend of the price of Bitcoin.
Hello friends,
Today I'm going to talk to you about an interesting and useful pattern in trading. This pattern is called QM or Quasimodo and it is one of the famous patterns in trading. This pattern consists of a high peak (Overbalance High), then a return to a lower point and finally a movement upwards that leads to a resistance point or supply zone.
Note that...
A comprehensive guide to potential movements
Just have fun and check the analysis. It will help you a lot in determining the places available for buying and selling
I hope I added something important to you
💲-- BTC
——
It achieved a 25% rise and this is just the beginning - we expect more rise
For a start, the area is 60,000, all time high area
💰Growth Achieved / 25 %
next Target 2nd Area $ 60000 / 55 % Growth
Be in Touch - Next Update Soon
Hello Family!
10th January of 2023. We are hours away from the Approval, delay or Rejection of the Bitcoin ETF.
We need to be careful since the Bitcoin price still needs to confirm the 30-32k area as a SUPPORT.
WE've done this in every Bitcoin cycle after we created a BOTTOM structure and going into a RETRACEMENT.
We are in the biggest RETRACEMENT levels. This is...
Multiple spot Bitcoin ETF applications has gotten the greenlight to trade on the CBOE BZX Exchange per a recent announcement.
The Chicago Board Options Exchange (CBOE) has approved four potential spot Bitcoin ETFs for trading on its platform, pending the greenlight from the United States Securities and Exchange Commission (SEC).
Spot Bitcoin ETF Almost a Done...
Yesterday we saw fake news come out directly from the SEC, They said they were "Hacked" but we have seen this occur many times before with different companies. Its no longer seen as a accident by most traders.
Moving on from that, We see the psychosis lines on the chart, We overshot the whale line and have bounced from that area, Today we are expecting etf...
