Next, pay attention to movements after approval
Bitcoin has risen significantly since around 2:00 a.m. on 1/9. As a result of holding on for about a week, it rose before ETF approval.
The monthly Bitcoin chart is as follows.
It has completely passed through the monthly clouds, and it looks like the rising market will continue in January.
The target price is estimated at $50,000. Ethereum is $3000.
The current market environment
- Bitcoin dominance continues to rise ⤴️ and remains at 54.5. Funds are being collected in Bitcoin.
-Ethereum dominance is in the direction of decline ⤵️, but it is rising ⤴️ after being caught by Bitcoin.
-Some other altcoins have risen ⤴️, but they are still weak. But the money will flow soon.
- This is each sentiment data.
Check out today's market overview! @CoinMarketCap 🚀 https://coinmarketcap.com/charts/
⚠️ Please note that the cycle is very fast this time. It will go to $50,000 in 2 or 3 days, and there is a high possibility that funds will soon flow to the altcoin.
Get your heart and money ready right now
Also, don't forget that there is a possibility of factual sale after approval. I think this is a move that has been factored into this week, but of course there are cases where this is not the case.
Good for trade
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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