⁉️ What to expect from the market next week?
Weekend market is calm, but next week could be different - incoming news might bring some volatility.
Several key events:
🟢 USA-based public companies reports: Several multi-billion dollar companies (MSC, Sodexo) are expected to disclose holding #BTC in reserves, which could boost #BTC prices.
🟢 Spot Ethereum ETF debate: The SEC confirmed that #ETH isn't a security. There’s no doubt - an ETF will be approved soon. I expect a strong pump for #ETH and related projects upon approval.
Fundamentally, the market is poised for growth, and technically, the price is at a strong reversal level, which is the lower boundary of the sideways channel of the past three months.
💸 Although we might see sellers testing the support over the weekend (the gap at the $59.5k level), the selling volumes are already at minimum. Once the gap is successfully closed, I expect continued growth for #BTC.
