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ąïļ Bitcoin's Next Bearish Wave Warning | Spot ETF
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Bitcoin's next bearish wave will develop when the Spot ETF is launched, please keep this in mind.
There will be lots of hype, deception and confusion within the media so watch out.
The catalyst for the next correction might be this development/announcement.
It can happen that Bitcoin rises a bit when the announcement is released and then proceeds to produce a major correction leading to the 2024 halving, then the new bull market starts.
So, we are bullish now and we grow now...
When the Spot ETF gets approved then the correction starts leading to the halving... Contrary to what most people expect.
I will write a full, detailed and individual trade idea on this topic.
This is for my followers, as a friendly warning/reminder.
The media will say that this is extremely bullish but Bitcoin's price will show it is otherwise.
Regardless, a correction is bound to happen before the halving Spot ETF or no Spot ETF just as a bull-market will happen after the halving regardless of the great news that will come out at the same time to match the needed positive market sentiment.
(1) Up, (2) down then (3)long-term up.
(1) Up: Can last between 1-3 months.
(2) Down: Can last until the halving, more or less.
(3) Long-term up: Can last until 2025 (the next full-blown bull-market).
This will take place based on market cycle regardless of the news.
Regardless of war, politics, developers, astrology, charting, or what not...
Life goes on.
Bitcoin is the future of money.
Thanks a lot for your support.
Namaste.