Bitcoin dropped $1500 after the news.
The SEC is concerned about the lack of clarity in spot bitcoin ETF applications from firms like BlackRock and Fidelity. Many companies are reapplying after feedback, hoping for regulatory acceptance.
SCALP TRADE SETUP:
#C98/USDT Short Call:
Enter: Market
Targets:
1) 0.1477
2) 0.1464
3) 0.145
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#ETH/USDT Long Call:
Enter: Market
Targets:
1) 1864.1316
2) 1881.8286
3) 1898.5896
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#TRB/USDT Long Call:
Enter: Market
Targets:
1) 9.4173
2) 9.5067
3) 9.5912
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#WOO/USDT Short Call:
Enter: Market
Targets:
1) 0.1787
2) 0.1771
3) 0.1754
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#NEAR/USDT Short Call:
Enter: Market
Targets:
1) 1.2083
2) 1.197
3) 1.1864
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#ZIL/USDT Long Call:
Enter: Market
Targets:
1) 0.0177
2) 0.0179
3) 0.018
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#NEAR/USDT Long Call:
Enter: Market
Targets:
1) 1.2363
2) 1.248
3) 1.2592
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#WOO/USDT Long Call:
Enter: Market
Targets:
1) 0.1732
2) 0.1748
3) 0.1764
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#NEAR/USDT Short Call:
Enter: Market
Targets:
1) 1.1692
2) 1.1581
3) 1.148
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#SXP/USDT Short Call:
Enter: Market
Targets:
1) 0.3034
2) 0.3006
3) 0.2979
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#ZIL/USDT Short Call:
Enter: Market
Targets:
1) 0.0168
2) 0.0166
3) 0.0165
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#GRT/USDT Long Call:
Enter: Market
Targets:
1) 0.1025
2) 0.1034
3) 0.1043
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#JASMY/USDT Long Call:
Enter: Market
Targets:
1) 0.0036
2) 0.0036
3) 0.0036
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#NEAR/USDT Long Call:
Enter: Market
Targets:
1) 1.2313
2) 1.243
3) 1.2541
Risk: Medium to High
Advised Leverage: 5X to 8X
#NEWS
The SEC has approved the first leveraged Bitcoin futures ETF, BITX. BITX will track the CME Bitcoin Futures Daily Roll Index and magnify the returns of the index by 2x. This is a major milestone for the cryptocurrency industry, as it is the first Bitcoin ETF to be approved in the US. However, some have questioned the decision to approve a leveraged ETF, as these funds can be more risky than traditional ETFs. Despite the risks, the approval of BITX is likely to be bullish for the cryptocurrency market
SCALP TRADE SETUP:
#LTC/USDT Long Call:
Enter: Market
Targets:
1) 87.8609
2) 88.6953
3) 89.4836
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#NKN/USDT Long Call:
Enter: Market
Targets:
1) 0.0933
2) 0.0943
3) 0.0951
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#NEAR/USDT Long Call:
Enter: Market
Targets:
1) 1.2721
2) 1.2842
3) 1.2957
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#BTC/USDT Long Call:
Enter: Market
Targets:
1) 26885.436
2) 27141.18
3) 27382.656
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#SXP/USDT Long Call:
Enter: Market
Targets:
1) 0.3382
2) 0.3413
3) 0.3444
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#ONT/USDT Long Call:
Enter: Market
Targets:
1) 0.1672
2) 0.1688
3) 0.1703
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#COTI/USDT Long Call:
Enter: Market
Targets:
1) 0.0465
2) 0.047
3) 0.0474
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#AUDIO/USDT Short Call:
Enter: Market
Targets:
1) 0.1626
2) 0.1611
3) 0.1597
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#XRP/USDT Short Call:
Enter: Market
Targets:
1) 0.4683
2) 0.4639
3) 0.4598
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#ONT/USDT Short Call:
Enter: Market
Targets:
1) 0.1595
2) 0.158
3) 0.1566
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#COTI/USDT Short Call:
Enter: Market
Targets:
1) 0.045
2) 0.0446
3) 0.0442
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#AUDIO/USDT Long Call:
Enter: Market
Targets:
1) 0.177
2) 0.1786
3) 0.1803
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#ZIL/USDT Long Call:
Enter: Market
Targets:
1) 0.0178
2) 0.018
3) 0.0181
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#ONT/USDT Long Call:
Enter: Market
Targets:
1) 0.1672
2) 0.1688
3) 0.1703
Risk: Medium to High
Advised Leverage: 5X to 8X