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Bitcoin price is hanging around $44k because many are expecting the BTC ETF by Jan 10th. if ETF gets approved, we can see quick pump to $48k - $52k
If ETF gets rejected or delayed, we will see a sudden Bitcoin dump to $38k or even lower. Many applicants will sue SEC like grayscale did and judge ruled in grayscale’s favor. So we will get the ETF approved eventually if not by 10th.
Altcoins are dumping hard because of these two 2 main reasons
1) Many taking profit incase ETF gets rejected and market goes to shit
2) Money is moving to BTC because many feel ETF will get approved and Bitcoin will pump hard
I’m bullish on the market going into 2024 - 2025. ETF will get approved eventually, Bitcoin halving is coming, Interest rate cuts and market 4 year cycle says end of 2024 to mid 2025 is gonna be giga bullish for crypto.
New millionaires will be made in next 12 - 18 months. Hold tight and don’t let any short term corrections shake you out of the market.
You will become a first millionaire in your family. Believe in yourself. Claim it
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Bitcoin is Again Rejected From Decending Trend Line. #FurureTrade We Will Trade Btc On Breakout Or Retest The TrendLine .
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