Dec 30, 2023 08:53 AM
(This post was last modified: Dec 30, 2023 08:56 AM by Honey Singh.)
Hi everyone,
Firstly, Wish you all a very Happy New year :)
And congratulations 🥂 We all survived "Survivor of a dip"
Now, as we all know ETF's applications results are about to be announced.
Don't miss out this opportunity- This could change our lifestyle for sure if we will play - Don't miss it.
According to me => most likely ETF will be approved or delay ( max to max ) there is no chances of getting rejected.
For those who are not aware of ETF,
This is gold ETF images below 👇
All btc is just like digital gold. Uh know what i mean ;)
Post your opinion and plans! Cheers 🍻
Love you boss @omni ( always in my heart ❤️)
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All signs are pointing to an approval in ‘24. Hopefully by February.
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the market has approval by jan 15th set at 90%
we've known this for a while now, i don't think ETF is going to matter as much as people think but it will for sure add new participants to the market, eth ETF will follow.
personally expecting it to be a sell the news event, bottom out briefly and heading into the later half of the year seeing things heat up
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(Dec 30, 2023 08:53 AM)Honey Singh Wrote: Hi everyone,
Firstly, Wish you all a very Happy New year :)
And congratulations 🥂 We all survived "Survivor of a dip"
Now, as we all know ETF's applications results are about to be announced.
Don't miss out this opportunity- This could change our lifestyle for sure if we will play - Don't miss it.
According to me => most likely ETF will be approved or delay ( max to max ) there is no chances of getting rejected.
For those who are not aware of ETF,
This is gold ETF images below 👇
![[Image: IMG-6571.jpg]](https://i.ibb.co/MSShBtC/IMG-6571.jpg)
All btc is just like digital gold. Uh know what i mean ;)
Post your opinion and plans! Cheers 🍻
Love you boss @omni ( always in my heart ❤️)
Approved or max delayed, market operators won't even hesitate to make money out of this euphoria that is comming.
I think that the gold bull run and crypto bull run would be completely different.
Gold, being a physical asset has more intrinsic value, thus there was a euphoria when the ETF was listed.
On the contrary, bitcoin itself has wittnessed multiple euphoria driven bull runs already.
This doesn't mean that BTC ETF won't have a massive run, it will definitely have. But might not be as good as that of gold.
Lastly, I won't be surprised that there would be another massive fall ,this time driven by the operators after 12-15 months of being listed as an ETF.
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SEC already got what they want(billions of $ from exchanges) but i do not expect some kinda bull run at max 48-50k$ range what i am looking for.What we need is price stay above that range for long time then MASSIVE money flow will start.
I feel it was a sell the news, retrace under 40-33k range. There has been no real retracement at all.
(Dec 31, 2023 01:45 AM)SIM-1866423 Wrote: SEC already got what they want(billions of $ from exchanges) but i do not expect some kinda bull run at max 48-50k$ range what i am looking for.What we need is price stay above that range for long time then MASSIVE money flow will start.
I agree with this. I would like to see more stability. It's great making "gains" and all but for it to become anything it needs to be more stable price wise. I feel like the massive price fluxations is what scares a lot of people off, however at the same time also gets the traders in. Kind of a curse and a blessing.
Coinbase stock has also been doing well, well worth having in your pension 401K right now. I have rode that stock up.
Waiting for that $400k price within 18 months of the halvening. Gonna be really interesting to see when that ETF is approved how well timed it is to that event.
(Jan 1, 2024 12:34 PM)Omniscient Wrote: Waiting for that $400k price within 18 months of the halvening. Gonna be really interesting to see when that ETF is approved how well timed it is to that event.
Everyone speculating after April price will soar, but remember past few years may we start to decline.
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(Jan 1, 2024 06:50 PM)Dorrance Wrote: Everyone speculating after April price will soar, but remember past few years may we start to decline.
15k to 45k still can anyone say things like that ? I am not even talking about alts just btc.But there will be always short guys i guess ..
The crypto market took a big dump due to speculation about ETF being rejected
(Jan 3, 2024 05:35 AM)thrudda Wrote: The crypto market took a big dump due to speculation about ETF being rejected
Proof? Who say's it's getting rejected.
(Jan 3, 2024 05:40 AM)Blue Eye Samurai Wrote: Proof? Who say's it's getting rejected.
https://www.theblock.co/post/270125/sec-...rt-analyst
Quote: Matrixport analyst Markus Thielen said the Securities and Exchange Commission will likely reject all bitcoin spot ETF proposals this month.
Thielen argued the applications still fall short of a critical requirement that must be met before the SEC can approve them.
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Jan 3, 2024 05:46 AM
(This post was last modified: Jan 3, 2024 07:55 AM by SIM-1866423.)
(Jan 3, 2024 05:43 AM)thrudda Wrote: https://www.theblock.co/post/270125/sec-...rt-analyst
Wow bro definitely matrixport anaylst is reliable source damn lmao, exact same mfs said btc will reach 50k this month btw do not believe everything you read.
PS : Seems like market manipulation directly by couple low tier analyst and following huge liquatitation(around half billion) as usual everything is planned "somehow" within max 10 minute entire altcoins drop %30-40 and "someone" directly bought entire %20 from sellers and again binance servers down exact same time and not let anyone login during that time.I really dont like wtf kinda agreement SEC made with binance .. Direct manipulation by matrixport or whatever fuck is this i think we will see following sue cases.
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