đŠ PREPARE TO MAKE MILLIONS A FEW DAYS FROM NOWâŒïž
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Most people believe that there has to be a correction after we hit 52-53k zone and before halving but, it is now clear that there is no huge dump any soon, instead, expect a huge pump in a few days time.
Why is BTC not going to dump this time? Well, the ETFs!! guys. Let me explain, each bullrun is caused buy different triggers, a trigger like crap meme coins need a correction, but a bullrun triggered by stable institutions like Black rock and Fidelity won't need a correction because they are buying to hold and whenever small and medium traders decide to sell after substantial price surges, the ETFs shall still gobble up all the available Bitcoin on sell minimizing an event of huge correctional dumps as have been previously witnessed.
The result is a fast declining supply and a high demand as investors rush to secure more ETF shares. This means a continuous fast Bitcoin price increase. That's even before talking about further Bitcoin supply decline from miners after the halving.
Now, I can assure you that Bitcoin price is not going to dump any hard and before the halving, the price shall skyrocket to 60k, here is why;
After the first phase of the Bitcoin buying craze by the ETFs, we've seen a break and a relatively consolidated market. Meanwhile, ETFs has been attracting more inflows.
BlackRock's IBIT and Fidelity's FBTC attracted $1.6B and $648M over the past week. The huge inflows shall definitely continue, so expect a new all time high in short and long term.
Investors/traders should be buying now, don't expect any further low price that 50k to 52k, and in the worst case scenario which is very very low, expect 45k.
Remember to follow for more detailed insights and signals. Invest and trade safe guys.