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BTC Daily Review👀
💬 As expected, after the price consolidates above the moving averages , the asset will continue to grow. Yesterday, BTC showed impulse growth and was able to break through the upper limit of the range, namely the level of $69,000.
💬 At the moment, BTC is trading above $70,000 , we urgently need to gain a foothold above the $69,000 level in order to move towards ATH in the future. I assume that we will see a slight consolidation above the above level.
💬 BTC dominance showed a good decline ; over the day it decreased by 0.8% , its current values are 55.13%.
💬 As expected, after the price consolidates above the moving averages , the asset will continue to grow. Yesterday, BTC showed impulse growth and was able to break through the upper limit of the range, namely the level of $69,000.
💬 At the moment, BTC is trading above $70,000 , we urgently need to gain a foothold above the $69,000 level in order to move towards ATH in the future. I assume that we will see a slight consolidation above the above level.
💬 BTC dominance showed a good decline ; over the day it decreased by 0.8% , its current values are 55.13%.
The Reason Behind $ETH Pump Is That
#bloomberg Ups The Odds of $ETH Spot ETF Approval.
U.S. trading hours Monday, the price of $ETH jumped more than 10% after two well-followed Bloomberg ETF analysts greatly upped their odds of the U.S. Securities and Exchange Commission approving spot ETH ETFs.
James Seyffart and I are increasing our odds of spot Ether ETF approval to 75% (up from 25%), hearing chatter this afternoon that SEC could be doing a 180 on this (increasingly political issue), so now everyone scrambling (like us everyone else assumed they'd be denied)," tweeted Bloomberg Senior ETF Analyst Eric Balchunas.
#bloomberg Ups The Odds of $ETH Spot ETF Approval.
U.S. trading hours Monday, the price of $ETH jumped more than 10% after two well-followed Bloomberg ETF analysts greatly upped their odds of the U.S. Securities and Exchange Commission approving spot ETH ETFs.
James Seyffart and I are increasing our odds of spot Ether ETF approval to 75% (up from 25%), hearing chatter this afternoon that SEC could be doing a 180 on this (increasingly political issue), so now everyone scrambling (like us everyone else assumed they'd be denied)," tweeted Bloomberg Senior ETF Analyst Eric Balchunas.
