BTC - Long
I like how this looks, a lot. I think 30k comes soon. I believe we just broke out of diagonal resistance and retested it. The performance of btc vs equities has been impressive, i also anticipate the grayscale lawsuit to be a big catalyst over the next week. SEC has until Oct 13th to respond to the lawsuit and its looking good for grayscale imo. If grayscale succeeds it'll be a lead indicator on ETF approval.
Note
Welp fellas, you cant really predict an invasion of Israel. However, i really like how the chart looks right now. Could be a great buying opportunity. Im going to post a new chart just to show it.Trade closed: target reached
Are you not entertained??? As noted the grayscale lawsuit was the real news here. Almost assured a spot approval if the SEC couldnt appeal. HAPPY ETF APPROVAL DAY. Hope more of you follow along. Closing this as resistance was reached. Will reevaluate.Note
I mean, the spot buys from june are just looking fantastic
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.