#Bitcoin Liquidation Heatmap 🔥
Big level right above $44K. This area likely has a lot of stops from positions that entered before and during the big squeeze down.
JUST IN: In the last week, Grayscale, Fidelity, Franklin Templeton and BlackRock have all met with the 🇺🇸 SEC regarding the spot #Bitcoin ETF - the final sprint to hammer out details before the likely January 10th approval 👀
#Altcoins (3W)
TOTAL2 has broken through the base line🔵in the Donchian Channel.
This is just the beginning of a month-long Altcoin-Rally (dips are buying opportunities).
In 2016 and 2020, Altcoins didn't fall below this line again until the market top.
Send everything.💯🎯
#Bitcoin has been in a long term Bull Market Cycle since 2019.
The pattern of Bull market cycle is identified in $BTC and it is now in the stage of "Renewed Optimism", the first stage of Blow-off phase.
Next stage is "FOMO" when it reaches over $100k.
In the "Euphoria" stage, $BTC could reach over $400k.
We are still early 🚀