Are you enjoying the dump 😅
ETF is sell news event, some so called influencer will tell you this. 😂
But let me tell you this is perfect correction to rekt late longs 😉
Next narrative is 'BITCOIN HALVING AND SUPPLY SHOCK ' cooking up , be ready.
Buy The Dip
📊 Bitcoin Update 📊
Bitcoin Swing Long setup hit both Entries. There's no need to panic. It's good for us that market has given us another chance to get in. Those who were regretting at 48k that they've missed the boat, now have excellent opportunity to load at lower levels but guess what they're all afraid now as Large operators know how to play with retailers'minds.
Here's what transpired:-
Market Pumped nicely till ETF listing hype and hit 49k (+13% from our entry). After listing when everyone started fomo, it Started healthy correction which is eventually good for greater Market ahead but they're making people believe that It's sell the news event.
Now that most small investors/ traders are hurt, we have likely formed a local bottom, maximum one more wick down and up we go. 2024 Open is at 42.3k which shall hold the Price. Bitcoin Halving is the next big catalyst which will add fuel to the massive Pump ahead.
PS :- You have no idea how long term Bullish Bitcoin ETF is. It will provoke every Hedge fund to add Bitcoin in its Portfolio
Bitcoin Bears are so done
#BTCETFSPOT #bitcoindump #BTCUpdate