1/4
Morning update:
Bitcoin nicely bounced above our trackline, retested it, and is now holding above it. To make things look better, all this was accompanied by green dots🟢 $BTC
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1/4
Morning update:
Bitcoin nicely bounced above our trackline, retested it, and is now holding above it. To make things look better, all this was accompanied by green dots🟢 $BTC
3/4
All this bullish momentum while the spot Bitcoin ETF applications continue to get delayed. Yesterday, the SEC delayed more applications including BlackRock’s. Open applications with a decision date in October remain VanEck, Fidelity, and Wisdomtree but we expect them to get delayed as well🤔 $BTC
According to Bloomberg analysts, the approval won’t happen until December👀
4/4
Meanwhile, VanEck updated their prospectus for $ETH futures ETF which is expected to launch on Monday!👀
Overall, things are slowly but surely moving in the right direction. Use this time to accumulate more, "up only season" is most likely only weeks away😉
P.S. Up only season is only a meme, remember that crypto is always volatile📈📉
1/5
Morning update:
Yesterday, Bitcoin attempted to break out but got rejected at our trackline and closed the daily candle just slightly above its start. Price-wise, we could say that it was another uneventful day😴$BTC