Can Bitcoin rally above 30k if a BTC ETF gets pushed back? - Crypto Consulting Institute
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Can Bitcoin rally above 30k if a BTC ETF gets pushed back?

Picture this: Litecoin, poised to transcend its post-halving lull, is staging a remarkable consolidation, firmly anchored at a support level reminiscent of its early June glory. Cast your memory back to the monumental surge leading up to the halving – that’s the energy we’re channeling now. This is not just a setup; it’s a symphony of possibilities woven together by a crescendo of bullish divergences, a sequence of lower wicks, and a momentum that’s steadfastly gaining vigor.

The scene is set for a triumphant breakout, a moment where Litecoin soars, only to return to test its newfound heights as if to solidify them. Think of this as resistance transforming into a sturdy platform of support. It’s the perfect launchpad for Litecoin, a springboard to propel it towards the upper echelons of those enticing resistance thresholds. Your watchlist must absolutely not overlook Litecoin this week – it’s primed for action. And let’s not forget about Arbitrum – the tantalizing cherry on top of my analysis.

Arbitrum: A Timeless Eruption of Potential

Let’s turn our gaze to Arbitrum, a candidate that’s been under compression for a while – a bit longer, if we’re being precise. Patience has its rewards, as evidenced by last week’s gradual descent and the consequent unfolding of those eagerly anticipated bullish divergences. The transformation is in full swing, akin to a butterfly breaking free from its cocoon. Moving averages are being overtaken, with the 200 mark being conquered at 1.9 – a stride towards the exalted territory of resistance bands and voluminous support. Mark 1.21 and 1.25 as the milestones for shifting your risk strategy. And oh, the RSI is reveling in the power zone – a truly cherry-ripe scenario!

Divergence Drama: Optimism and Pessimism Collide

Now, let’s discuss optimism and its counterpart. One stands tall, propelled by the allure of higher peaks following one after another. It’s a bullish crescendo, an orchestra of ascending momentum. But, remember, the RSI sings a different tune – the notes of those peaks are descending lower and lower, like a somber melody. This symphony is fading, the bullish fervor dissipating as reality sets in. Behold the descending wedge, a visual metaphor for this narrative. The 20 may have slipped from its grasp, but the 50 is offering a foothold.

In a world of cryptocurrencies, where trends can evolve with the swiftness of the wind, embracing the nuances of each coin’s journey is the hallmark of a savvy investor. Whether it’s Litecoin’s revival, Arbitrum’s grand unveiling, or the intricate divergence dance, there’s a story waiting to be told in every chart movement. Seize the moment, ride the wave, and remember – every dip holds a promise, and every rise, a possibility.

bitcoin
Bitcoin (BTC) $ 66,761.89
ethereum
Ethereum (ETH) $ 3,507.87
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 593.85
solana
Solana (SOL) $ 169.31
staked-ether
Lido Staked Ether (STETH) $ 3,508.23
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.573343
the-open-network
Toncoin (TON) $ 7.30
dogecoin
Dogecoin (DOGE) $ 0.125652

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I am Joe, CEO and Founder of Crypto Consulting Institute, Australia's top-rated crypto education company. With my passion for finance and years of stock market experience, I have helped thousands of investors transition to sophisticated investors using my proven 5 Pillar Investment System. Our team has created over $55 million in profits to date, and we continue to grow.

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I am Joe, CEO and Founder of Crypto Consulting Institute, Australia's top-rated crypto education company. With my passion for finance and years of stock market experience, I have helped thousands of investors transition to sophisticated investors using my proven 5 Pillar Investment System. Our team has created over $55 million in profits to date, and we continue to grow.

My alternative thinking and education in cryptocurrencies since 2014 allowed me to quit my day job and follow my passion of investing and helping others achieve financial freedom. With my success, I have been featured on NASDAQ, Channel Ten, Channel Nine, and Dollars With Sense TV, as well as speaking at global events such as Barclays Bank in London and the Bitcoin and Blockchain Fair.

Recently, I was headhunted by Tradesmith, a US-based investment technology company tracking over $30 billion in clients' invested capital. I now help traditional investors safely invest in the digital asset economy. My success and expertise in the industry speak for themselves, and I am dedicated to continuing to help others achieve their financial goals.

Hear What Our Clients Are Saying

Zero knowledge of cryptocurrencies? This man became a millionaire. Anything is possible with the right education in place!

Mark went from having zero knowledge of cryptocurrencies to turning $150k into $3Million in 4 months, whilst recovering from an illness!

The bank wouldn't give him a home loan even though he was working 2 jobs! Until CCI entered, and give the right strategy.

Adrian hits his first $1M in crypto within 3 months of working with us!

Well 10 days after we shot this, he hit his second million. And now just 16 months later, he has surpassed $15 MILLION USD!

For most people, this level of returns are unfathomable.

We simply gave him the tools and crypto strategies and Adrian ran with it!

I am not suggesting that all of our clients are performing on this level.

CCI simply demonstrating that we are incredible at helping people achieve their full potential.

Age doesn't MATTER! - A 72 Year Old Crushes It In Crypto

Some people think crypto is too ‘difficult’…

Well Peter completely dismissed that though and transitioned a large holding of his stock portfolio to gain exposure to this revolutionary asset class.

In this video Peter outlines how his portfolio exploded!

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I am Joe, CEO and Founder of Crypto Consulting Institute, Australia's top-rated crypto education company. With my passion for finance and years of stock market experience, I have helped thousands of investors transition to sophisticated investors using my proven 5 Pillar Investment System. Our team has created over $55 million in profits to date, and we continue to grow.

My alternative thinking and education in cryptocurrencies since 2014 allowed me to quit my day job and follow my passion of investing and helping others achieve financial freedom. With my success, I have been featured on NASDAQ, Channel Ten, Channel Nine, and Dollars With Sense TV, as well as speaking at global events such as Barclays Bank in London and the Bitcoin and Blockchain Fair.

Recently, I was headhunted by Tradesmith, a US-based investment technology company tracking over $30 billion in clients' invested capital. I now help traditional investors safely invest in the digital asset economy. My success and expertise in the industry speak for themselves, and I am dedicated to continuing to help others achieve their financial goals.

Hear What Our Clients Are Saying

Zero knowledge of cryptocurrencies? This man became a millionaire. Anything is possible with the right education in place!

Mark went from having zero knowledge of cryptocurrencies to turning $150k into $3Million in 4 months, whilst recovering from an illness!

The bank wouldn't give him a home loan even though he was working 2 jobs! Until CCI entered, and give the right strategy.

Adrian hits his first $1M in crypto within 3 months of working with us!

Well 10 days after we shot this, he hit his second million. And now just 16 months later, he has surpassed $15 MILLION USD!

For most people, this level of returns are unfathomable.

We simply gave him the tools and crypto strategies and Adrian ran with it!

I am not suggesting that all of our clients are performing on this level.

CCI simply demonstrating that we are incredible at helping people achieve their full potential.

Age doesn't MATTER! - A 72 Year Old Crushes It In Crypto

Some people think crypto is too ‘difficult’…

Well Peter completely dismissed that though and transitioned a large holding of his stock portfolio to gain exposure to this revolutionary asset class.

In this video Peter outlines how his portfolio exploded!