The importance of March - April for bull market narrative
Indeed, calling a bullrun before halving goes against BTC historical bull cycle, and doesnt make sense in terms of ETF issuers. You need a strong fundamental reason to sell your ETFs, indeed, its the halving thats coming
Deadline for 7 out of the 8 #Bitcoin ETF filings are in mid March. SEC must have approved or declined till then, whats interesting ? 2-3 Weeks after final deadline day, BTC halving starts.
Timing for ETF is PERFECTLY matching up with BTC halving that will take place 2-3 weeks after final deadline day, which will most likely be approved and bring the bullish fuel into the market. Big hype starts, bullish news, and everyone wants to take part, indeed, the start of the next bull cycle.
The bull market narrative is given, ETF + Halving + Bullish news all over BTC and Crypto. Hype starts, legendary bull run same as previous 4 years cycle repeat
Indeed, March - April is massive region to fuel up the rocket with lots of bullish fuel. Indeed, the bullrun is very close
If you don't live in Israel or consume Israeli media, you don't know who Yair Golan is. He is a 61-year-old retired Major General in the Israel army and a former parliament MP. Spend a minute to read this story.
Yesterday, when IDF and the police were in complete chaos, Golan put on his old uniform, took his weapon, and drove into the war zone multiple times to rescue civilians under fire. He rescued two young adults hiding under a bush after 260 of their friends were murdered at an outdoor party. He answered a call from a journalist that his son was hiding under fire and simply said, "Give me his location, and I will bring him back home." An hour later, the son called his father from Golan's car.
Golan collected a small crew and went in and out of the war zone, rescuing dozens of people while exchanging fire with Hamas terrorists. He is 61, he could have stayed home, but he chose to risk his life for people he does not know.
Golan is one of the strongest voices from the Israeli left and was constantly attacked by the right wing in Israel. But when the time came, he was first fighting the barbaric attack. The same brain wiring that supports peace, is often the same wiring that drives people to do the right thing.
A true hero.
$OP Wanting to get back into a short position
Preference would be upper red level around 2.40s
Alternatively rejection around 2.30s will do albeit with less conviction (depends on btc)