💎Bitcoin UPDATE - JULY 11⛑
BTC price is gearing up for a powerful move amid the upcoming launch of spot ETFs. Meanwhile, a huge part of the market is holding short positions that are about to be liquidated exactly how i said days before.
Major capital needs to gather liquidity at higher levels, and ordinary market participants are hesitant to open long positions due to the German government's ongoing BTC sales.
I continue to hold my long position on BTC and ETH in anticipation of an impulsive move.
$ETH $BTC #CPI_BTC_Watch #Ethereum_ETFs_Expected_Date