BTC still has alot more to go, especially with an etf approval
We are just getting started in the rally since bottoming in 2022. We are in the hope part of the rally and are entering the optimism next (psychology of wall street cheet sheet).
With an ETF approval btc will rise even more since coins will be bought by retirement accounts. Less coins on the market means more price increases. BTC will grow twice as fast with an ETF.
With an ETF approval btc will rise even more since coins will be bought by retirement accounts. Less coins on the market means more price increases. BTC will grow twice as fast with an ETF.
Uwaga
Once we break this long wedge were in now, expect a full run with a bear squeeze just like we did in 2021.s3.tradingview.com/snapshots/g/GW76tl9I.png
Uwaga
BTC ETF is approved! get ready for a fun bull year! reuters.com/technology/us-sec-approves-some-spot-bitcoin-etfs-2024-01-10/Uwaga
BTC dipped, not suprised at all, it needed a correction, but as the ETF's buy up coins, their will be less to trade on the market which will put a lot of buy pressure on for upword movment especially if there are millions of shorted coins. Only time will tell. We could she a sharp move up before halving, or see halving play out for the next 90 days where it goes down some more. We might get a low of 37k before the bull run up.Uwaga
BTC still has another big up to go. We broke the first round and destroyed the shorts. They are back with their hopium of a dump, but they will recover and push us up to 100k as the buying is not stopping and halving is in 28 days.Uwaga
BTC is still on track. The next pump should be shortly, once MT Gox is done selling its coins, then its off to 100k.
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