฿ Bitcoin BTC/USD Daily Video, June 29, 2023

[Sive Morten]

Good morning,

BTC mood now is based purely on BlackRock and Fidelity ETF files. Until hope for its approvement is alive, BTC keeps positive sentiment. Now it is preparing for upside continuation, but be aware of files refusal by the SEC.

 

[ilesanmipepsi]

Good morning,

BTC mood now is based purely on BlackRock and Fidelity ETF files. Until hope for its approvement is alive, BTC keeps positive sentiment. Now it is preparing for upside continuation, but be aware of files refusal by the SEC.

I still believe that further correction to the downside is still possible before an upward continuation. If price respects the 61.8% Fibo level, then we can expect a move to 29.3k (which would be OP target for a bigger ABC pattern on the 4hr chart).

 

[ilesanmipepsi]

I still believe that further correction to the downside is still possible before an upward continuation. If price respects the 61.8% Fibo level, then we can expect a move to 29.3k (which would be OP target for a bigger ABC pattern on the 4hr chart).

Since price has wick above the 61.8%, signifying a strong force. I think the uptrend should continue.