BTC’s fake-pump turns out to be a precursor for further upwards move
Last week was very interesting with lots of action and BTC trending sharply up.
BTC entered last week strong on growing market optimism and expectations for eventual spot BTC ETF approval as SEC hadn’t appealed Grayscale court decision by the Friday deadline.
As Monday started, it slowly but steadily pushed up towards first resistance and weekend high at $27,300 and later in the Asian session on the break accelerated further to $28,000.
As it was consolidating below that level, the big new
Oct 24, 2023