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Bitcoin is falling, it is only a matter of time before Ethereum spot ETF is approved
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🔹Reviews of Cognitive Society
On April 27, the lowest price of Bitcoin fell back to 62,300, which was far from the support level of 61,000 in the article of Cognitive Society.
Bitcoin is falling more and more painfully, because there is almost no room for operation after a 2-point rebound. If you don’t sell it, it will fall a little lower later...
The final way to break the downward trend is usually a big positive line or a sharp drop. At present, it seems that the possibility of a sharp drop is a little bit higher, because the Bitcoin spot ETF continues to have a net outflow and the market lacks sufficient funds to take over.
🔹Reviews of Cognitive Society
On April 27, the lowest price of Bitcoin fell back to 62,300, which was far from the support level of 61,000 in the article of Cognitive Society.
Bitcoin is falling more and more painfully, because there is almost no room for operation after a 2-point rebound. If you don’t sell it, it will fall a little lower later...
The final way to break the downward trend is usually a big positive line or a sharp drop. At present, it seems that the possibility of a sharp drop is a little bit higher, because the Bitcoin spot ETF continues to have a net outflow and the market lacks sufficient funds to take over.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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