📊 Market Analysis - Nov 10.
Take a look at the BTC chart. After a minor correction, the market has moved out of overbought territory and is once again poised for a rally continuation.
This is indicated not only by the technical picture but also by the news from the past week:
1. BlackRock expects approval for Bitcoin and Ethereum spot ETFs within a 3 months.
2. Institutions continue to pour money into the industry, evidenced by the rise in prices of cryptocurrency trusts of Grayscale.
3. Tether keeps printing new USDT. +2B in the last week alone.
🔍 Ahead of full-scale bullrun, I continue to search for advantageous entry points that will yield maximum profits in the medium term. As always, I'll share my trades with you.
