#Bitcoin almost got to 48.2k on fake ETF announcement, but Gary-the-Clown stopped it before it broke that high left from 2022. Now what should be the target for real ETF approval news?

Since yesterday shake out didn't wipe out liquidity above 48.2k I believe that target is still valid and we should see $BTC there at some point. Obviously with such a shitshow we had yesterday its hard to do any forecasts based on TA. But I like the way Ethereum is growing so I think market is confident in bullish future.

Therefore middle of month FVG from December'21 is around 50.7k seems like a realistic target for that news impulse.

P.S. Next CME gap will be closed if BTC dip below 39k at Binance chart.

Main levels to watch PA:

🔸53245 - Nov'21 low

🔸50722 - M FVG EQ

🔸48200 - 2022 high

🔸44779 - 2023 high

🔸42314 - 2023 close

🔸39640-40325 - DTF CME gap

#BTC 4H EMAs:

🔼 55 at 44627

🔼 233 at 42480

🔼 987 at 35456