UPDATE Plan $BTC December 25
👉 Last week I predicted that BTC would bounce back but it didn't seem to be much, still just sideways around the 42k-44k area.
👉 Regarding the $BTC chart in the H4 frame, the price is still fluctuating within that range to create a model, traders at a glance understand that they are accumulating in the right shoulder area and then there is a high possibility of BULL RUN to 48k - 50k .
👉Last week, almost all of the top altcoins increased sharply, 40-100%. (APT I reminded everyone to watch the 7.7-6.3 range for a buy zone, congratulations to everyone who can buy it. <span This week, everyone can watch the top coins that haven't increased strongly to buy, remember to divide your capital, don't buy all-in at once. APT will likely increase to 10 -12.5, everyone watch the support zones to close the profit.
👉 Regarding news about the new ETF, the SEC has required companies registering for the Bitcoin ETF spot to update their submissions before December 29, 2023 if they want to be approved in the first round of approvals. In my opinion, this is the bull run to 48k - 50k that I mentioned above, but this is an event that takes place in mid-January so I think there will be 2 cases this week.
➡️Case 1: BTC still corrects slightly and accumulates for altcoin pumb, then by January BTC will reach 48k.
➡️Case 2: BTC will adjust to the 39k - 40k range to fill the CME GAP, then news that the ETF will increase to 50k - 51k, and officially trend up.
During this time, everyone should prioritize preserving capital above all else. Don't be afraid of missing waves, don't be FOMO at all...
Goodluck everyone and Merry Christmas <3