BTC Afternoon Market
According to the current situation as listed below:
Bitcoin whales have a history of making waves in the market, often driving significant price movements and establishing trends that sway smaller investors. It is possible that these whales are accumulating Bitcoin for more long-term strategic reasons.
The whale's accumulation comes at a time when two of the world's top asset managers, BlackRock and Fidelity Investments, are also targeting the cryptocurrency.
BlackRock, the world's largest asset manager with over $9 trillion in assets under management, filed with the SEC for a spot Bitcoin ETF this month, in a move that has sparked speculation. and optimism across the market.
While the SEC has approved a number of Bitcoin futures ETFs, they have not yet approved a spot Bitcoin ETF. This has led to much speculation as to whether BlackRock's application could herald the first approval of its kind.
SELL 28700 - 28800 💯💯
✅ TP1: 28100
✅ TP2: 27500
✅ TP3: 27000
🛑 SL: 29500
Bitcoin whales have a history of making waves in the market, often driving significant price movements and establishing trends that sway smaller investors. It is possible that these whales are accumulating Bitcoin for more long-term strategic reasons.
The whale's accumulation comes at a time when two of the world's top asset managers, BlackRock and Fidelity Investments, are also targeting the cryptocurrency.
BlackRock, the world's largest asset manager with over $9 trillion in assets under management, filed with the SEC for a spot Bitcoin ETF this month, in a move that has sparked speculation. and optimism across the market.
While the SEC has approved a number of Bitcoin futures ETFs, they have not yet approved a spot Bitcoin ETF. This has led to much speculation as to whether BlackRock's application could herald the first approval of its kind.
SELL 28700 - 28800 💯💯
✅ TP1: 28100
✅ TP2: 27500
✅ TP3: 27000
🛑 SL: 29500
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