The cryptocurrency market is experiencing growth on news related to applications for the launch of the first-ever spot Bitcoin ETF in the United States. There is information circulating about Grayscale's negotiations with the U.S. Securities and Exchange Commission (SEC) regarding the transformation of the company's BTC fund into a spot Bitcoin ETF. According to Bloomberg, a decision on the ETF may be imminent in the coming days.
In the crypto community, it is believed that the introduction of an ETF to the market could attract trillions of dollars in investments. Therefore, significant investors are reacting positively to the news, which could be a precursor to the launch of the first-ever spot Bitcoin ETF in the United States.
The S&P 500, an index of the largest U.S. companies, has surpassed the dynamic resistance line EMA50, but a pullback is expected for a retest. Meanwhile, the U.S. Dollar Index (DXY) is forming a pattern known as an expanding wedge.
🌐 Upcoming Events in the Global Economy
The following dates are expected to bring increased volatility in both the stock and cryptocurrency markets:
➤ November 14, 15:30 - Core CPI (MoM) for October.
➤ December 13, 2023, 21:00 - New Fed Interest Rate Decision.
➤ January 31, 2024, 21:00 - New Fed Interest Rate Decision.
📈 是否可以預測比特幣 (BTC) 的突然價格走勢?
當市場受到新聞的強烈影響時,我們更喜歡依賴交易指標的訊號。 我們的交易指標一如既往地及時地表明了當前市場上漲的衝動,並以最小的風險為多頭部位提供了最有利的切入點。 由於最新的更新,所有訊號都達到了最大止盈水平,並且價格變動為: BTC +7.61% ETH +12.53% SOL +20.42%