Dear Readers,

Let's see the BTC prices and analysis through this article.

At the time of writing this article, BTC is trading at 42417 USD, which is a higher of 0.97% in the last 24 hours.

RSI is in the deeply overbought region.

It is in a cool off time from 42800 range that has been traded by yesterday. 

If the Spot ETF news comes in favour by January 10, 2024 ( Ark Index 21 Shares BTC ETF-Final deadline date), BTC can easily touch 48000 USD. 

And if FOMO news intensified, it will again go to high to 52000 USD and may even touch the All Time High.

If the Ark 21 Shares BTC ETC gets rejected on Jan 10, 2024, there will be a dump which may drag BTC even to 36000 USD.

So be careful on these dates. 

As still the Blackrock's ETF application is pending, there may be some sideways movement till March and may pump again in March.

It is to be noted that the 3rd deadline date for the Blackrock's BTC ETF is on 15th January 2024 and the final deadline is by 15th March 2024.

So, keep a close watch on these dates friends!

And one more important thing that I have noticed is that the BTC dominance is decreasing which propel the ALT coin seasons in the Crypto markets.