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💥BREAKING: The SEC has stated that any spot Bitcoin ETF applicants MUST update their submissions by December 29 if they want to be approved in the first wave
Source: Reuters
🚨 BREAKING: 🇺🇸 The US SEC Drops Bombshell Deadline for Spot #Bitcoin ETFs Approval 😳
🇺🇸 The SEC could greenlight all pending Spot Bitcoin ETFs in January 2024 🔥
A thread 🧵
#Bitcoin - whats next ?
The big Sunday report, all you need to know:
🚩 TA/ LCA/ Psychological Analysis: Bitcoin starts printing an ascending triangle with the help of MA20 support. For that Iam placing several long orders nearby MA20 which is currently located at $43.030 region. Also placing another round of long orders in the region of $42.200 for wick hunting. The entire will be invalid if Bitcoin closes daily below MA20 which I doubt, so what Iam expecting next ?
First of all we need to understand Bitcoin movement in the last few weeks. The strongest support is MA20 at $43.030 currently, while strongest resistance is at $44.400 region. So we can expect sideway between both regions with breakout and 45.3 k target to be hit in the next days. Should market allow us to visit long order 1 at MA20, I will take a long as orders are placed now. Same goes for wick hunting in long order 2 region.
Remember that MA20 is friend until proven otherwise. People dont know that MA20 is one of the most reliable indicators during pre bull phase. Indeed, MA20 is holding very well. Main target in the big picture is 47-48k
For this week there is nothing in the calendar due to holidays
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🚨BREAKING 🚨
@Arbitrum has finally announced its long-awaited airdrop 🥳
$ARB will be used to govern over the Arbitrum ecosystem, and yes, will be airdropped to early users. It launches 3/23 🥏🥏🥏
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