Frankly speaking, I couldn't care less about MA-20 or MA-50. I think that the price will start doing down back to 30K USD.
I don't understand the growing optimism about the Bitcoin Spot ETF approval. I'm usually pessimistic, when there's too much optimism on the markets. I have the feeling that the Bitcoin ETF won't be approved and this will cause a price crash back to 20-25K USD.
In 2024, there will be a short term recession, which will cause price drops across all financial markets. I don't believe that Bitcoin will turn into a legit safe heaven asset. I'm still optimistic about 2025, though.
I do not have that much hope for the btc ETF neither, but I do have hope for btc itself, even without the ETF, the price will go up for sure. Think about, actual good things happened in the bitcoin world during the bear period and the price still didn't go up, and right now during the most useless period, when nothing happened, it peaked over 37k as the highest amount.
I am sorry, but if we are talking about what is good and what is not, it's clear that we are talking about something much larger there, it's clear that we are not going to end up with anything more major. It's obvious that we should be doing something that would be a bit harder to handle, and in order for that to change, we need to make sure that people realize these "dips" are not long term. We are going up, and we do not need any reason to go up, we are going up with whatever the reason we want and that is the sign of a great bull run coming our way and we should be happy about it.