Dear valued readers, The market has been consistently consolidating in recent trading sessions, moving sideways with a strong upward trend. At the time of writing, the cryptocurrency market is trading below the 37,000 USD resistance level. The upward trend is robust as it is consolidating at a high level with stable trading activity on the 2-hour time frame.
Therefore, there is high anticipation for the approval of the Bitcoin ETF by the U.S. Securities and Exchange Commission (SEC). This has contributed to making the market hotter than ever. It is expected that this price increase will reach 39,200 USD. What are your thoughts on this matter? Do you agree with me?
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