BTC bullish crossover on MACD is about to hit. I see us running up to 7500-7600 (Close to the resistance line) possibly in the next 7 days & SEC decision on the SolidX-VanEck Bitcoin ETF happens Sept 30th.In the slim chance that the ETF does get approved by the SEC, I see BTC breaking out past the line of resistance that we have been stuck below since January and could mark the end of the bear market. However, I anticipate they'll likely push the decision back again and then the market will overreact and dump.
I'm no pro at TA by any means, so we will see if this plays out.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.