Pondering Out Loud re: Bitcoin also has ETF FOMO as SEC does their job, a Technical and Fundamental POV Pt 2

I previously had given an a technical analysis back when the price was $29,400 back on Aug 15 2023, and now lets see if my short call was a proper one.

and you can read that post here.
https://steemit.com/bitcoin/@jaimebetamax/5bppwj-pondering-out-loud-re-bitcoin-also-has-etf-fomo-as-sec-does-their-job-a-technical-and-fundamental-pov

Looking at the BTC price today its sitting lower at $26,400, so we do in fact have another sharp call for a lower move confirmed. The onslaught of ETF fever has only amplified since and still looks to me like we are trapped under a cap at 30k seemingly. The buy signal still has shown itself, but the MACD did not break that 0 line, and yet what does appear is a higher potential for a move lower over the next few weeks at least.

I have no doubt that there will be a time when the plethora of BTC ETFs are all over the place and the upside will be showing up finally, but not yet. The delay does continue to seem to blamed on the SEC and its head Gensler when we haven't even been able to arrive at the proper legal status, but the notion of it being digital gold has also been echoed by many politicians in the mix.

The funny part is how now the talks of the ever looming shutdown can actually catalyze some movement in this battleground. The showdown of all these different authorities trying to handle things prior to a Federal system change may just make the 4th qtr. of 2023. This can actually prioritize their efforts to make sure they can actually catch up in the crypto and blockchain space. Unfortunately, the good and bad news is that this all still adds up to waiting for a cheaper price, somewhere in the 15-20k range. Who's waiting with me?