$ETH about to get flooded with billions of fresh USD from American boomers and Wall Street banks and hedge funds. Price isn't moving much out of shock right now, people just don't know what to do, stay calm, because as soon as everybody comes to their senses, we will effing moon ๐๐๐ โD o Your Own Research โ
#Bitcoinย Daily RSI broke the down trend. Blue Path is a likely possibility for $BTC
Next week we have CPI, Core CPI, PPI and FED chair speech.
๐บ๐ธ Jerome Powell likely pump our bags. The US economy isn't as strong as the Data suggest. True Unemployment Rate published by the Ludwig Institute reports at 24.2% compared to 3.8% reported from US.Dep.Labor! โDo your own research โ
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๐จ DISBELIEF ๐จ #Bitcoin ย have been pumping 10k straight without any pullback. We just reached 37K a high for 2023! Disbelief stage right now. Even me a Bitcoin Bull is in disbelief ๐คฃ๐ฅณ
It feels like there will be ETF news soon. Someone is buying a lot of #BTC ย ๐คฃ๐ต๐ฆ
On the Monthly Time Frame we barely scratch the surface! After a MACD cross the uptrend can last a long time!
Remember pull backs will happen from time to time. Have a good risk management and be prepared!
The SEC will most likely deny BlackRock's Ethereum ETF application (& others).
Keep reading ๐ (RT so others understand this)
Think about it: the Bitcoin spot ETF applications continue to get denied. Why wouldn't ETHs?
Gary Gensler wants to give Ethereum an even HARDER time than he's given Bitcoin (even though Ethereum is a commodity).
Here is the bottom line: If that happens (Ethereum ETF application denial) that might be good buying opportunity as (just like w Bitcoin) the SEC will have to approve the $ETH ETF eventually.
It might even play out where a Bitcoin ETF gets approved, but the SEC still will deny the Ethereum ETF for a bit.
Exciting times. ๐คฉ What do you think will happen? Do you think a spot Ethereum ETF is now inevitable?
"#Bitcoin ย Halving Cycle Profit indicator, developed by Kevin Svenson, unveils a consistent profit-taking cycle triggered by each #BTCย halving event." - published Nov 1st, 2023
Profits are best taken based on time, not price ๐ $BTC
๐๐ History doesn't lie, but it sure knows how to rhyme! ๐ค๐ Bookmark this! ๐ฏ
In the world of #Bitcoinย , past bull market tops have danced between the 0.618 and 0.786 Fibonacci levels. ๐๐งฎ As we gear up for 2025, the stage is set for something epic $BTC
๐จAlert ๐จ NEW: Entrepreneur Kevin OโLeary says the chances of firms like BlackRock and Fidelity launching a #Bitcoinย spot ETF are very low due to ongoing scrutiny by ๐บ๐ธ SEC. ๐ค