Much FOMO on Bitcoin ETF approval by January 10th. It will grow till results announced and then we should see pump (above 48200) and dump. Halving is yet to come and usually don't bring immediate effect, so its a secondary bullish narrative now. Mid term $BTC correction move make sense - to cool off the market and prepare it for the ATH bull run. Max blood I think around 32k
đ„Thursday January 11 at 13.30 UTC - US Inflation Rates
Dollar Index closed week with 3rd visible bounce. Friday closed with doji, so basically 50/50 - equal chances for the next week to start 4th wave down or continue the bounce with 2022 close re-test and break towards 104.3
Nasdaq slowed down the fall only on Friday. Might make a bullish bounce in the beginning of the week. But on weekly it had 9 up-close candles in a row, so correction is highly possible. The question is if it will be higher low (bullish), or NDX continue falling lower forming towards a new range bottom at 2022 close (~10940).
So we have #Bitcoin ETF against stock indices and Gold weakness. But ALL are within higher timeframe uptrends, so corrections are for buying. Main goal is not to get trapped in FOMO and not to miss opportunity in fear.
