Excitement's brewing in the crypto sphere over the impending U.S. Bitcoin ETF decision—a game-changer for the market! Analyst Nate issues a warning of a potential historic price drop if not approved, yet odds seem high. 📈
Expected early January, this decision could redefine crypto in finance. Bitcoin's surged to $45,000 on ETF hopes, backed by BlackRock & Ark Invest. But a 'no' might trigger a downturn post FTX collapse.
Big players like BlackRock and Fidelity hint at massive growth, with Bloomberg Intelligence eyeing a $100B+ influx. But at $43,500 now, a rejection might shake the market. All eyes on the SEC's call—will it propel or pull the rug? 🤔
