BTC ETF Success as Price Drops
Uncharted Lite 19
“Pressure is when you play for five dollars a hole with only two in your pocket.” - Lee Trevino
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BTC was relatively quiet during Friday, as the market I think is still trying to sort out what to do now that we have the ETF announcement. I mean, after all, you have to think what’s going to be the driver.
The prevailing sentiment indicates a likelihood of entering a significant consolidation phase, leading to a potential exploration of lower price levels. We are closely monitoring the $40k psychological level, anticipating its significance as a critical barrier, providing insights into the evolving market sentiment and direction.
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