its 3 weeks til sec decides about the COINETF (March 11)
bitcoin chart looks like we are going to a new high once $1080 is broken.
It seems like the etf gets priced in, I think this could lead to a pump and dump because i expect the ETF not to get approved for a simple reason:
What should happen with the etf if bitcoin forks/split into two chains (bigger blocks / 1mb block / segwit)?
Sec could look like an idiot if they have no plan for this case.
Good target here is the channel top crossing with the 1.272 fib for $1240 then dump to $900-$1000
notice that this is linear chart this time, in china the channel fits only on logscale.