#Bitcoin price forecast with a decline in its price and the possibility of BlackRock submitting an application to create an exchange-traded fund (ETF) for spot trading of Ethereum: What are the key levels to watch?

_Bitcoin Price Chart (Bitcoin-BTC) - Source: TradingView #Bitcoin (Bitcoin-BTC) witnessed a sudden decline from its highest levels recorded since the beginning of the year near $38,000, to recently trade at a price slightly above $36,000. However, Bitcoin (BTC) maintained An increase of approximately 1% during the day. Traders attribute this sudden reversal to news about #BlackRock's establishing a new corporate entity called the iShares #Ethereum Trust in Delaware, which led to a shift in the flow of funds from Bitcoin to Ethereum.

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