Technical analysis by AlselvSignals about Symbol BTC: Buy recommendation (11/10/2023)

Dear friends, as predicted earlier, the BTC continues to surge in price. Currently, the price of Bitcoin is trading at $36,740, a 2% increase in the past 24 hours. At one point, Bitcoin even reached $38,000, its highest level in over a year. This further strengthens the confidence of traders that Bitcoin will soon reach record levels.Regarding market news:"Over the past year, the cryptocurrency market has been eagerly awaiting a suitable catalyst. News about Bitcoin ETF is something that many people are still waiting for and expecting. If Bitcoin ETF is approved, we can expect another price surge."Regarding technical analysis:The upward trend is very strong as it consolidates at a high level with stable trading activity on the 2-hour timeframe. Therefore, the market is now waiting for the Securities and Exchange Commission (SEC) to approve the Bitcoin exchange-traded fund (ETF). This is considered an important decision and is expected to drive the entire cryptocurrency market in the future. It is anticipated that this price surge will reach $39,599. What are your thoughts on this matter?