Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by JayJuanGee (1)
i feel like a new pattern is forming. i think we might revisit the 92-93k levels tomorrow or the day after. after that, even a simple piece of news could pave the way back to 100k.
i don't think we'll move away from 100k anytime soon.
thanks to talkimg.com
It's a very good analysis, I don't know much about technical analysis, I know that yesterday in the news they said: "Bitcoin's very strong fall" and all that pure sensationalism, I don't give it importance, I know that btc will recover, I hope that the pattern you say is fulfilled, but it's a great moment to buy.
Yesterday's fall in the stock market caused many to panic, I think that many investors believed that everything was going to go down and no, bitcoin is not like that, there will always be weak hands.
I am worried that there will be a war, not only because I Know that the price of btc will go down, I am worried because there will be many dead and innocent people.
But not everything is bad, there is good news:
South Korea may approve Bitcoin ETFs if Japan moves first! – Here’s why
Quote
South Korea may follow Japan’s lead on Bitcoin ETFs.
Asia’s BTC ETF race is expected to heat up as Japan’s eyes legislation in the second half of 2025.
South Korea may jump on the BitcoinBTC ETF bandwagon following a softer stance by Japan on the cryptocurrency.
Asia’s BTC ETF race is expected to heat up as Japan’s eyes legislation in the second half of 2025.
South Korea may jump on the BitcoinBTC ETF bandwagon following a softer stance by Japan on the cryptocurrency.
Original Source:https://ambcrypto.com/south-korea-may-approve-bitcoin-etfs-if-japan-moves-first-heres-why/
You could say that this is a setback that always happens in the markets.