The crypto market turned sharply down after Matrixport’s latest report claims that the SEC will reject all Bitcoin spot ETFs in January, and final approval may be achieved in Q2. Well, after we spotted the wedge pattern within wave »v« of 3, seems like a higher degree a-b-c corrective slowdown can be now in play with 1.5T – 1.4T support zone before a bullish continuation for wave 5.

For a detailed view and more analysis like this, you may want to check our latest quick video update below:

Video Length: 00:04:53

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