To cut the long story short: The price should rise, sooner (today) or later (after a correction).
Tell us what you think as the price has breached over the ascending channel but has failed to go towards new ATHs and is flirting with going lower towards the middle of the channel.
Volatility mode is On (that's how we remember it for months now anyways) but might be increased during the US market opening hours.
In anticipation of the listing of the first futures-based bitcoin exchange-traded funds (ETF) in the United States, which investors hope will boost cryptocurrency trading volumes.
If the U.S. Securities and Exchange Commission (SEC) does not object, the ProShares Bitcoin Strategy ETF completes a 75-day period since the fund manager filed plans and could begin trading on Tuesday.
Other fund managers could list bitcoin ETFs in the coming days and weeks, and that could lead to wider investment in digital assets.
One Love,
the FXPROFESSOR
ps. watch our Video update, you will get a lot of TZ in detail
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