Technical analysis by hikmetkahraman about Symbol BTC on 12/27/2023

*-*-* YTD *-*-* NOT INVESTMENT ADVICE *-*-* Hello dear friends, Welcome to my short analysis article. We are all looking for an answer to the question of what will happen as we are locked in the JANUARY 10 date, which is known to the entire market. So they threw the money in the air, we don't know what will happen. Heads or Tails? The SEC must respond to ETF applications made by various institutions (the most famous of which is BLACKROCK) by January 10. We all predict that if this answer is positive, there will be an increase, or PUMP in market language. I am more cautious. Even though the answer is positive, I think the price of BTC will be manipulated in the market. So what's the reason? ETF institutions must have BTC in their vaults. You can sell funds in the amount and multiples of BTC in your safe. If you have 100 BTC, maybe you can sell 10,000 BTC funds. What I wrote is also a guess. From where? Because there is no regulation in the market! SEC is the institution that regulates the market and sets its rules. An unregulated market is not allowed by US institutions, which are the bottom of Capitalism. For this reason, I think that even if there is positive news, the bad news that the sale of funds is not allowed due to the lack of regulation will create a DUMP in the market and cause FUD. I think this will give ETF applicants the opportunity to collect BTC at a cheaper price. I expect it to approach the yellow area on the chart, or even drop a pin into the area. We will follow this issue carefully until April. I think that the market will exit the yellow zone with the "Halving" that will come in April. It is better to be cautious. THE TAURUS HAS NOT ARRIVED YET! Respects. Hello.. *-*-* YTD *-*-* NOT INVESTMENT ADVICE *-*-*