Bitcoin Technical Analysis & Possibilities

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Bitcoin Technical Analysis & Possibilities

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
VKtradesimbalance

– Bitcoin has recently shown a great jump and pump because of FED Rate cut expectations
– However, the ETF Inflow from Hong Kong and US Asset Managers is not stopping as well
– The fundamentals of Bitcoin looks good with no bearish scenario looming over
– ETH ETF approval will be a bullish catalyst for the whole market however, bitcoin might go sideways because of this reason being ETH money inflow will increase
– Watch out the zones mentioned and make sure you manage risk

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