BTC & ETF

🔸BitcoinETF approval seems to come this month, at least this is the common opinion of analysts in the markets.

🔸This is an expectation. So what was happening in the markets was "expectations are bought, realities are sold". So, we are now in the buying period of expectations.
I expect profit sales after approval.

🔸BtcD Bitcoin dominance is in a downward trend but still very high. On the other hand, BTC's volume is very low. The volume in the first 3 months of 2023 is insignificant.

🔸The rise will continue as long as the red resistances pass. The turquoise-blue supports at the bottom will also shoulder it and keep it at a certain level.


Some altcoins are already gaining momentum and making their moves. They are in a mini bull movement, albeit limited. It has exceeded 45 thousand dollars for the first time since 2022. The bull run continues. ETF applications that will be finalized by January 12 are of serious importance, and the market expectation is that the ETF will be accepted. According to Reuters news, the SEC may make an earlier decision instead of waiting until the end of the ETF date.