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BTCUSD BULLISH ANALYSIS FOR 8.Jan 2024 -12.Jan. 2024

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Bitcoin ETF Issuers Clear Major Hurdle on Path to SEC Approval

Firms looking to launch spot-Bitcoin exchange-traded funds cleared a major hurdle this week on the path to gaining sign-off from US regulators in coming days. Securities and Exchange Commission staff told several exchanges and issuers seeking to list the ETFs that they should submit a final version of a key document as soon as Friday


Trend Bullish
Nota
Comment:
Added Longs @43899

BTC going to beak High of Friday, possible resistance high of thurseday last week ,if breaking 45425
Jan 7
Comment:
added longs at 43899 and 44079.Possible resitance at HighofThurseday 44611, if breaking it can go to 45432.But...I am trend follower, so if Pullbacks I use to add more longs.If you are Daytrader,maybe your strategy is different than mine(For example whenI buy breakouts, you may use those level as Short selling points,etc.)pLEASE KEEP THIS ON mind.I just document my own trades, but no recommandation others to take the same trade like me. Thank you
21 hours ago
Comment:
ok. now I added morelongs, at 44132.This trade is no recommandation or advise.
Use always stops.(My targets to react (Not Profit taking)) are the same 44661, and if that break breaks, 45441.
Nota
still bullish
no more adds. Waiting for new signals
Nota
higher highs higher lows, I stay bullish
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