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🀨 Evaluating the market outlook:

This night, $BTC once again traded above $27,000. Meanwhile, large players continue to accumulate OTC, with $BTC being moved to cold wallets. OTC deals don't directly impact the price, but they play a significant role in the medium-term price dynamics by reducing the coin's supply.

πŸ‘ Positive news background is also favoring crypto:

1. SEC chose not to appeal the Grayscale case, admitting defeat - [link]. This is a game-changer. Bloomberg analysts believe there's now a 90% chance of launching a spot $BTC ETF this year.

2. Ferrari has started accepting crypto - [link]. It may not have made as much noise as Tesla did in its time, but it's adoption, and that's fundamental.

3. Analysts are leaning towards a rate cut in November, as I mentioned in previous analysis. This will have a positive impact on both crypto and stock markets.

πŸ“ž Considering the upcoming halving and the increasing number of factors indicating the start of a bull market.
Congratulations to our VIP subscribers πŸš€πŸ”₯πŸš€πŸš€πŸš€πŸš€πŸš€
Congratulations to our VIP subscribers πŸš€πŸ”₯πŸš€πŸš€πŸš€πŸš€πŸš€
Congratulations to our VIP subscribers πŸš€πŸ”₯πŸš€πŸš€πŸš€πŸš€πŸš€
Pair:- #LOOM/USDT
Direction:🟒LONG
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Leverage:- 5x
Position Size: 10%
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
ENTRY:- 0.25 - 0.27
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Target 1:- 0.275
Target 2:- 0.280
Target 3:- 0.285
Target 4:- 0.290
Target 5:- 0.295
Target 6:- 0.300
Target 7:- 0.305
Target 8:- 0.312
Target 9:- 0.325

STOPLOSS 🚫: 0.238

TRADE AT YOUR OWN RISK
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