The movement of the anticipated announcement creates a motion that is part of a series of structures. One of these structures is a potential flag that leads us to levels of 41K, and everything indicates that it will likely happen, subsequently giving way to another structure that takes us to 51K. The exit of the ETFs probably will not affect the movement of Bitcoin. The same occurs with other commodities, where ETFs do not impact the price of the fundamental asset, but we'll see...
Trade closed: target reached
close to finish, i hope :)
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Disclaimer
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.