BTC market Update Monday October 16:
Hi Folks, For BTC I am not short term trading but thinking strategically, slowly accumulating in the period September into December. I am expecting a big breakout right around the end of the year.
We got a fake put pump on the fake Spot ETF news today BUT we did get some actual good news for Bitcoin last week as The SEC chose not to appeal the recent court ruling in favor of the Grayscale GBTC Spot ETF application, practically assuring a BTC Spot ETF will approved in early 2024. And as i have been saying the time to front run this news is now, you can either add aggressively now under 30k, or FOMO in later above it.
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