Here you can see two patterns we broken out from a descending triangle with a target of around 46k and we are also consolidating in a ascending triangle similar to what we was doing around 34k-38k. My TA is this we will drop to test the 100MA around the 38k mark before it take out 49K for the ascending triangle.
I, very bullish on bitcoin I expect a 20-25 % move when the ETF is approved and then a 50-60% dump after.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.