BTCUSD

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BTCUSD

Unbelievable events happened for Bitcoin yesterday. The news that SEC allowed Bitcoin ETF was announced on its official Twitter (x) Channel as the market was about to close. It was announced that the account was accessed without permission and that the news was not true within 5 minutes. What is striking here is that after the news, Bitcoin exceeded 48000, the highest level of 2 years, and SELL THE NEWS, in other words, the news was sold and pulled back to 44500. Today, the ETF News, which has been expected for months, is expected to be concluded. This is now the area where the risk factor will come into play. If the ETF is approved, as it was yesterday, it can be seen that the sale met the expectation. If it is not approved, we expect a big drop. ETF News will determine the fate of Bitcoin. A possible approval can officially start the Bull Market, while a rejection decision can cause a loss of about 20% in Bitcoin. It is useful to be careful. Support: 44400 Resistance: 48400