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🤑🤑🤑Bitwise CIO Predicts Long-Term Inflows into Bitcoin ETFs as Adoption Grows💸💸💸
According to CryptoPotato, Matt Hougan, the CIO of crypto index fund and asset management firm Bitwise, believes inflows into spot Bitcoin exchange-traded funds (ETFs) will continue for years as more investors and institutions adopt the products. Hougan shared his experiences during a 20-day road trip, where he met financial advisors who have already allocated 3% of their client’s portfolios to Bitcoin ETFs and those who have not considered the products at all, highlighting a gap in the adoption pace.📊📊📊📊
Hougan also engaged with national account platforms approving Bitcoin ETF investments later this month and others looking to do so in mid-2025. He said his findings indicated that the inflows the ETF market has 💖💖💖💖💖experienced in the past two months are not a one-time occurrence but part of long-term sustained demand. The Bitwise CIO insisted that the situation of most professional investors, who are currently unable to buy Bitcoin ETFs, would change in the next couple of years as they conduct a series of individual due diligence processes.💷💷💷💷
In addition, Hougan said the ramp-up of inflows into Bitcoin ETFs would be shorter than gold ETFs, which saw inflows built over their first seven years in the market. Market analysts think the former could surpass the latter within months if high inflows persist. Hougan also claimed that 3% is the new 1% in Bitcoin 💰💰💰💰💰investment allocation. He explained that in his six years of speaking with professional investors about Bitcoin, the talks revolved around a 1% allocation. However, that has changed, as almost every wealth market investor he met on his road trip mentioned a 3% allocation as the ideal standard
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Roriyo

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Based on your observation that Dogecoin's price typically tests a main trendline around three times before experiencing a breakout, you anticipate a significant breakout occurring next month. This analysis suggests a potential bullish trend for Dogecoin. However, the specific target of $0.65 per Dogecoin during this bull run depends on various factors, including market sentiment, investor speculation, adoption rates, and broader trends in the cryptocurrency market. While technical analysis can provide valuable insights into potential price movements, it's important to consider that cryptocurrency markets are inherently volatile and influenced by numerous unpredictable variables. Therefore, while $0.65 is a conceivable target based on your analysis, it's essential to monitor market conditions closely and consider the inherent risks associated with cryptocurrency investments before making any trading decisions.

$DOGE is always doing big move in bull market
Can we see Doge above 1$ this cycle ?

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+92335 /// 6063 /// 306

Exchanges: Binance Futures
Signal Type: LONG📈
Leverage: Cross (20.0X)

Entry: 0.11215

Take-Profit Targets:
1) 0.11246
2) 0.11315
3) 0.11376
4) 0.11430
5)0.11510
6)0.11610
7)0.11732
8)0.11845
9)0.11942
10)0.12049
11)0.12148
12)0.12238
13)0.12345

Stop Loss: 0.10962

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