The delayed SEC filing has slowed down $BTC's move and a lot is riding on this ruling, whether to approve a Bitcoin ETF or not....approved and this is bullish and corresponds to how our chart looks.....unapproved and there is a risk of the structure breaking down.
It has managed to hold above the bullish blue line but it definitely feels tense for Bitcoin and a lot of holders will be feeling this.
For us who have not entered, waiting for confirmation is the best strategy here.....a breakdown and we can scoop Bitcoin up a lot lower.