Tropical conditions 🌴 lie ahead for the global crypto market over a one-day horizon, signaling a very bullish trend with an imminent market correction ahead. The crypto rally witnessed this week has been triggered by a series of announcements from major financial players, including the launch of a new crypto exchange for institutionals and the filing of several spot Bitcoin ETF applications to the US regulator. 💥
These recent developments show that financial institutions believe in the crypto assets, despite the US regulator’s continuous crackdown on the US crypto market. Over a one-week horizon, sunny trading conditions prevail ☀️, indicating a slightly bullish market with upside potential for the cryptosphere. 📈💰
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- Source: https://www.tradingview.com/chart/BTCUSD/uIFnMGlL-Sunny-Forecast-or-Impending-Correction/
