#Bitcoin Price action looking similar to last week.
Gut feeling says Up Only resumes next week but I do want to see $BTC trade above $31K (Previous Yearly High) so it doesn't just become a deviation.
$ALTS giving plenty of action as well so that's nice.
The $GBTC Discount is diminishing. It really accelerated after the Blackrock #Bitcoin ETF filing.
There's hope that IF Blackrock were to get their ETF approved, that Grayscale could also turn into an ETF which would then close the discount between $GBTC and it's underlying $BTC.
Blackrock may have a way to get SEC approval on Bitcoin spot ETF Besides being the institution that noone can say no to! 😅🥳 🍾🌊📈
This just states nobody manipulate the market except wallstreet! 😉
#Bitcoin#BTC#CryptoNews
If the below scenario is indeed playing out, we don’t have much time for corrections. Monthly candles of 10k+ being the expected minimum means “up only” PA with quick/shallow corrections, resistances being blown through, and dips front-running “ideal” levels. Should be fun. $BTC
#Bitcoin $56,000 is inevitable! 💥🚀
#BTC is finally breaking out the monthly Bollinger Bands baseline 🔴 as expected. 1st target 🎯 is ineluctable and would bring #Bitcoin to a solid $56,000 (as of now).