Market update:- 🔨

Alright, team! here is my new update on the current and upcoming market condition.. there is a potential inverse head and shoulders pattern can be seen in (4h) charts on Bitcoin but these charts won't work if there is a FUD in the market! for now, we have an upcoming '' ProShares bitcoin ETF'' this Thursday (23) which is less likely to be approved and there might (high chances) be huge volatility in case of rejection!

you guys must keep your assets save and make your plans according to the upcoming news because in any case it gets approved, the prices will jump eventually. till then we will see some sideways movement or can even see a jump despite the approval or disapproval because of nobody is sure about the decision yet.

getting back to the charts which were said earlier here as well that the inverse h&s is a bullish pattern but the volume isn't that good so the price isn't sustaining! If it crosses the point which is targeted earlier (6777), there will be a reversal for a short time. let's wait for the right time to jump in, there is a big decision yet to come. Long-term bullish always! 
Strong support is around 6150-6000$!

Altcoins were jumping last week and made good returns as well but now seems the momentum has slowed down because people are waiting for the decision and also there must be a correction after the slight rally we had previously.

Trade safe and we wish you the best of luck!