BTCUSDT continues to increase strongly, the market is hot
Dear friends, as predicted earlier, the BTC continues to surge in price. Currently, the price of Bitcoin is trading at $36,740, a 2% increase in the past 24 hours. At one point, Bitcoin even reached $38,000, its highest level in over a year. This further strengthens the confidence of traders that Bitcoin will soon reach record levels.
Regarding market news:
"Over the past year, the cryptocurrency market has been eagerly awaiting a suitable catalyst. News about Bitcoin ETF is something that many people are still waiting for and expecting. If Bitcoin ETF is approved, we can expect another price surge."
Regarding technical analysis:
The upward trend is very strong as it consolidates at a high level with stable trading activity on the 2-hour timeframe. Therefore, the market is now waiting for the Securities and Exchange Commission (SEC) to approve the Bitcoin exchange-traded fund (ETF). This is considered an important decision and is expected to drive the entire cryptocurrency market in the future. It is anticipated that this price surge will reach $39,599. What are your thoughts on this matter?
Regarding market news:
"Over the past year, the cryptocurrency market has been eagerly awaiting a suitable catalyst. News about Bitcoin ETF is something that many people are still waiting for and expecting. If Bitcoin ETF is approved, we can expect another price surge."
Regarding technical analysis:
The upward trend is very strong as it consolidates at a high level with stable trading activity on the 2-hour timeframe. Therefore, the market is now waiting for the Securities and Exchange Commission (SEC) to approve the Bitcoin exchange-traded fund (ETF). This is considered an important decision and is expected to drive the entire cryptocurrency market in the future. It is anticipated that this price surge will reach $39,599. What are your thoughts on this matter?
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