As we can see, whether there is an #ETF or not, Bitcoin remains #Bitcoin. The good thing about this ETF is that others have become aware of it. But will this influence the community's support? Yes, it will, but the majority of people will become more mature about it.
Sorry to those who were left behind and attempted to drive down the price of #Bitcoin. In reality, $BTC new support level is $40,000. If you're still sceptical and trying to peg down BTC on the ETF issue, sorry buddy, but it won't halt the price of #Bitcoin right now. See you 🧑🚀👩🚀🛸
ETF or No ETF, $BTC is already parabolic in nature. The data shows clearly. All of the FUD, whether good or bad, actually doesn't matter to those who truly comprehend and support #Bitcoin for the original reasons it was developed.
Bitcoin should have dropped by now after hitting the $45K mark. Surprisingly, just a handful have sold it when it did not fall to the projected sell and buy price point. What is the source of this anomaly? Perhaps the so-called manipulative whales' power is diminishing. Since then, many actors and corporations have invested BTC assets to sustain and try to fix the issue of volatility and unpredictability in the crypto ecosystem.
Be wary of crypto assets that claim to be associated with famous people such as Elon Musk. #XAI has nothing to do with the said business tycoon, and they expect that we are unaware of it or will be duped by their techniques, while in fact, this will undoubtedly ruin and create negative feedback on their asset, which they are attempting to market in the crypto arena.
In comparison to the regular stock market, the crypto market is going away, in a superior position. Today, $BTC and other crypto assets have already plummeted to a price point which appears to be moving forward rather than back. And once someone sells, someone else will undoubtedly be ready to buy it.
The primary concerns with cryptocurrency are volatility and unpredictability, however it appears that these issues have been raised over the past 15 years. And, without a doubt, there are mechanisms in place to solve such a problem.
One mechanism for managing this crypto asset's volatility and unpredictability is to specify goals and boundaries before starting or exiting a deal. Also, understand why you are investing in the crypto market, what you intend to achieve, and how much risk you are willing to take.
Furthermore, Bitcoin, altcoins, and even shitcoins per se are here to stay. We merely need to classify each of these assets so that they can be used in our daily lives while also making a profit.