Price for bitcoin (amidst false news of spot BTC ETF approval) ran up to the upward 47.5k area and quickly hammered back down to the 44k levels within a few minutes and seemed to level back out after Gary Gensler (Chairman of SEC announced that their twitter account had been compromised and that they have not approved a spot BTC ETF. Volatility was massive and price most certainly was headed for the 52-53k levels on the next level of the Fibonacci extension. My price prediction is 52k-53k levels and hanging around there for a few weeks before moving on to ATHs. A confluence of political & economic factors on our horizon have created a perfect storm for a bull market from now (January 9th 2024) until late 2024 & early 2025.
Twitter: @EvanJon6287480