Bitcoin hype leading up to the January ETF approval is smoke and mirrors. The SEC will delay the decision pushing it back to closer the halving. This will result in a perfect storm when it does get approved because usually BTC dumps immediately after halving but this time it will have momentum. I expect this smoke and mirrors rally to reach the 50k level in...
This week is an important week for BTC/USD. If we can stay on the upside of 42,000 then we can continue higher but if we go below the low and retest 40k support then things could get bearish quickly. I think we will break out of this wedge considering that February is usually a bullish month for BTC, ETH, and crypto. (See previous years) Also, a temporary short...
Make or break week for BTC. If 45k resistence is broken then 47k will become a magnet for the end of this week.