Bitcoin has continued to rage higher as the suspense builds over the potential approval of a Spot Bitcoin ETF by the SEC.
Can anything stop bitcoin?
Nothing looks to be capable of stopping bitcoin right now, unless it is the resistance that has just been hit at $37,000. With the traditional financial system looking creaky, and a certain Spot ETF not far away from being approved, the scene is set for BITCOIN.
The latest surge upwards and onwards by bitcoin has taken the king of the cryptocurrencies to the dizzy heights of $37,440 at time of going to press. This is now a 128% gain for bitcoin since the start of 2023. With just under two months left in the year, who knows how much further the price can go?
On that note, bitcoin has just passed the 0.382 fibonacci level at $36,000. The 0.618 golden fibonacci level awaits overhead at $48,500. Could the price get there even before the end of this year? It probably isn’t beyond the realms of possibility, but a decent pull-back must surely c

Czytaj więcej

We współpracy z: https://cryptodaily.co.uk/2023/11/bitcoin-bull-market-rages-higher