🪙##HotTopicDiscussion BITCOIN Bulls are putting in significant effort to maintain BTC above this channel.
The three preceding daily candles closed above the channel after the sell off on Wednesday, with Friday's daily candle leaving a long wick, signaling that Bulls are not giving up easily. This is a positive indication, in my opinion. The critical factor now is how the weekly closes. The situation is tricky; no one knows where it's headed. Just so you know, even if there's a delay in ETF approval , I'm confident BTC will dip and rebound strongly.
What makes me wonder is, will we really get a dip when everyone's anticipating one? I'd like to hear your thoughts!
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🪙##HotTopicDiscussion BITCOIN Bulls are putting in significant effort to maintain BTC above this channel.
The three preceding daily candles closed above the channel after the sell off on Wednesday, with Friday's daily candle leaving a long wick, signaling that Bulls are not giving up easily.
This is a positive indication, in my opinion. The critical factor now is how the weekly closes.
The situation is tricky; no one knows where it's headed. Just so you know, even if there's a delay in ETF approval , I'm confident BTC will dip and rebound strongly.
What makes me wonder is, will we really get a dip when everyone's anticipating one?
I'd like to hear your thoughts!
Consider boosting if you enjoy these contents and sharing it with your friends!
Cheers!
Enjoy the weekend!