#Bitcoin Are you Ready for the ETF Rally 6 Hours to GO!!!!I know we all are still uncertain about what will unfold next, given all the hiccups from yesterday.
I've already shared BTC charts across all platforms, and things are progressing smoothly.
A pullback and a continuation to the FWB:52K level (expecting the news to come positive).
Let's take another scenario:-
My perspective is that there's a chance of a delay until May 2024. This could result in some sideways market movement for the next 2-3 months, with BTC hovering between $40K to $48K.
In the event of ETF approval, a quick pump to FWB:52K - FWB:54K might occur, followed by a sudden dump as miners initiate the "Sell the News" event. It's crucial to note that this is speculative, and nothing is guaranteed.
With only 6 hours left for the ETF news, people are wondering what actions to take. We've already shifted 40% to USDT, 40% to BTC, and only 20% to Alts, securing profits from altcoins that experienced a significant surge.
Now, we have a substantial USDT reserve to buy back at lower prices.
In my humble opinion, it's wise to let the price action mature after the news and avoid making immediate decisions.
Whether the ETF approval happens today or in the coming months, it's inevitable, so staying positive and focusing on the long-term picture is key.
Feel free to share your thoughts in the comments section below.
Thank you
#PEACE
