As the market holds its breath, an announcement on the Spot Bitcoin ETF by the SEC could likely be made within the next two or three days. The $BTC price remains tight against the $44,000 resistance.
The last stretch before the announcement
Bitcoin looks to have entered the very last short stretch before the eagerly anticipated announcement by the Securities and Exchange Commission on whether one or more Spot Bitcoin ETF filings will be approved.
The announcement could even come as early as Monday, and is expected by Blackrock to arrive by Wednesday. Amidst this kind of backdrop, bitcoin is currently still pressing against the same $44,000 resistance level it has been fighting with since 5 December.
Ascending triangle still building
Source: Trading View
One candle was able to open above the level on 2 January, but this was short-lived as the price dropped back down the next day. A trend line going back to mid-November is still being respected, and taking this and the resistance toge
We współpracy z: https://cryptodaily.co.uk/2024/01/bitcoin-at-breakout-level-pending-etf-approval
