BTC (another bullish impulse?)

8 Oca

BTC / USDT

BTC just made a X3 from its bottom at 15k
But it seems it is ready for another bullish impulse and here is why :

We have unsloping channel target at 52k
Also we have new ascening channel above it which targets 51k
Also there is huge old weekly resistance between 48-52k
So can easily touch this resistance easily

We can also see that both bears and bulls got liquidated recently buy 2wicks this also means that BTC is ready for another big move

The ETF decision:
Weather it rejected or approved it will be bullish for BTC in long term
But the impact on price will affect the short term price

From my point of view :
1-if ETF approved: major breakout which can touch 52k or even go wild to ATH

2- if ETF rejected: we can see a harsh rejection in short term (it can drop like 20% in one candle )

9 Oca

Not

2k pump after 1 hour of my analysis lets see what’s next

10 Oca

Not

ETF got approved

11 Oca

Not

Update
BTC HIT +48k (our target) ✅