#Bitcoin❗ Update
It's been less than 24 hours since the last analysis, but $BTC has already done what I told you it would. ✅
The price has nicely moved towards the $72,500 zone, almost breaking through it, but as expected, this zone halted $BTC parabolic movement.
After such a significant move, it's completely normal for Bitcoin to correct a bit. We don't expect a larger drop now, except for the fact that the acceptance/rejection of the $ETC will be decided in the coming days. If the ETFs are accepted, not only will Ethereum's price shoot up, but Bitcoin and the entire altcoin sector will too. However, if the ET$Fs are rejected, Ethereum and altcoins will fall by 5-10%. If the latter happens, we'll have a buying opportunity, but if the ETF is accepted, we won't be able to buy for a while, which isn't necessarily a bad thing since we can at least enjoy the profits.
As for #Bitcoin, if it finally breaks through the $72,500 mark successfully and manages to maintain this level, the next target will be $80,000, as I mentioned yesterday. 📈
The market performed very well yesterday, and I hope you all made significant profits.