Dear friends, BTC continues to rise as predicted, with the candle's wick reaching the $30,000 mark. However, it has encountered difficulties in maintaining its upward momentum. Currently, it is trading around $29,740.
On the other hand, the breakout from the upward channel and the strong increase lead me to believe that BTC will experience a slight correction before forming a DOW pattern and continuing its trend. I expect a rise to reach $30,400. What are your thoughts on BTC's future?
On the other hand, the breakout from the upward channel and the strong increase lead me to believe that BTC will experience a slight correction before forming a DOW pattern and continuing its trend. I expect a rise to reach $30,400. What are your thoughts on BTC's future?
Note
We are awaiting news on the fate of an application with the US Securities and Exchange Commission (SEC) for a bitcoin spot exchange-traded fund (ETF) by major financial firms including BlackRock.Trade active
Note
closely monitor the SEC's position and any potential regulatory developments shaping the future of cryptocurrency investment products.Note
BTCUSDT achieved good profits, in yesterday's trading sessionTrade closed: target reached
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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.