a massive green candle, with the price jumping by a whopping 8%, adding $2,000 in just one hour. That massive price growth was propelled by Grayscale's court victory over the American security regulator the SEC, which previously refused to consider Grayscale's application to convert its Bitcoin Trust into a Bitcoin spot ETF.However, that euphoria on the market did not last long; within the following two weeks, Bitcoin went back gradually from $28,000 to below the $26,000 level.
Prominent cryptocurrency trader Ali Martinez has spotted a TD Sequential buying signal on a Bitcoin three-day chart. Should the flagship cryptocurrency make a sustained close above the $26,800 mark, this could propel a further BTC spike toward $28,000. Still, if Bitcoin drops under the $25,300 level, this bullish scenario will be nullified, per his X post.
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