✖️Be safe... Nothing is clear yet: in a few hours there will be some important news... and Powell will talk about the US dollar and some other Bullsh!!@s that may affect the market significantly... Miracles can happen🥴
$BTC 🪙The new week opened within the range of 61K — so far, no changes. However, today or at the latest tomorrow, we should see some movement in the market.
❗️#Bitcoin is currently tightly squeezed between the support zone at 60K and the upper boundary of the channel. Breaking through one level or the other will indicate the priorities for further movement. We're waiting for that.
My expectations remain unchanged. The highs are descending, and there's no volume on attempts to rebound, indicating weakness in buyers. Yes, sellers haven't shown much yet, but I think it's only a matter of time.
⚠️ In summary: I'm anticipating a drop through the 60K level. However, in any case, I'll be prepared for a breakout above the upper boundary of the channel, which could lead to a rise to 67K, and in the best-case scenario, to 71K. But for now, that's just a secondary scenario.
🚀 The #money supply (M2) of the Federal Reserve System, the European Central Bank, the Bank of Japan, and the People's Bank of China has begun to increase.
📈Previous bull trends following halvings have been accompanied by an increase in the M2 of global central banks by 6% or more.
🟠M2 refers to the total amount of cash and non-cash funds in circulation, which determine the economy of a country.
Guys Please React .. According to the #BTC #dominance chart, do you think the next 24 hours will be good for the ALTS, or it will breakout and the entire market will fu@#d up ?
🥴 The next 24 hours will be Good for altcoins 😁 The next 24 hours will be Bad for altcoins
🟠We're still following the plan I mentioned earlier. The order book held the price, and ETH entered a sideways movement.
⚡️The chart still looks good, ideally reaching at least $3100 next week.
⭐️The volatility is terrible, but there's nothing we can do about it. Many projects have emerged that you haven't even heard of. Many were expecting gains, but instead, it turned into a complete wreck. The market has entered a tough phase, but I hope none of you will exit the market, and you'll wait for better times. The most interesting part is yet to come
Guys Please React .. According to the #BTC#dominance chart, do you think the next 24 hours will be good for the ALTS, or it will breakout and the entire market will fu@#d up ?
🥴 The next 24 hours will be Good for altcoins 😁 The next 24 hours will be Bad for altcoins
🔜 #ETF Approval Expected by January 10 The CEO of Galaxy Digital has stated that a spot Bitcoin ETF will be approved by January 10, 2024.
🗣️ Mike Novogratz made these predictions after BlackRock filed an S-1 amendment, required by the SEC before approving spot ETFs, and following the addition of ARK 21Shares ETF to the DTCC platform.
🇺🇸 We are in the final stages of ETF approval, with CEOs of many companies explicitly stating that ETFs will soon enter the U.S. market.