$BTC as predicted in my last update, BTC just took out the 51-52K levels and liquidated late shorts. Before it pumped up, it first dumped to grab the liquidity at 48.6K, so now both sides are resetted. There's no resistance for BTC to test ATH of $69K from here, so lets focus this post on higher timeframe fundamentals that will continue to drive BTC price.
The net ETF inflows has accelerated over the past week, if net new money comes into BTC then we should see $69K before the halving. The other catalyst is traditional markets, where the major stock indices are continuing to push new ATHs, which greatly influences BTC price. Stock markets have always seen incredible gains during US election years, so we expect the upwards trend to continue for a while.
If you're not already in the market, I would say $ETH and beta-plays like LDO/OP/ARB/PENDLE are great buys on any .382 fib pullbacks. I still think ETH is underpriced and it should be atleast $3000 right now.
