What happens if ETF is accepted?
This probability is 90%.#Bitcoin… It may rise up to 48-52K levels.#Altcoin! There will be an increase of over 10%. Afterwards, there is some profit selling. However, the upward trend in the#Cryptocurrencymarket is now gaining strength.
What happens if the ETF is rejected?
This probability is 10%. Bitcoin may drop to 30-34K levels. The decline in#altcoinswill be even harsher. The uptrend is broken. The new rise will occur after June 2024.
What happens if ETF is postponed?
Bitcoin may fall to the 38-40K band. However, after staying there for a week, it continues to rise in anticipation of the ETFs being reapproved.
There may be serious price fluctuations in the market until January 10. In this respect, stay away from leveraged transactions.
Significant price fluctuations may occur during and after the ETF is approved.
The SEC's decision to approve or reject a spot Bitcoin ETF may not have a definitive and predictable impact on the markets. The cryptocurrency market is still highly volatile and sensitive, so you should proceed carefully and consciously before investing in cryptocurrency.
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