📊 Shall we continue about the bull market?

The weekend made many crypto enthusiasts nervous. A sharp collapse of BTC by 15%, where alts completely flew down by 30-40%.

Honestly, I didn’t even worry about the market for a second. On the one hand, this was an expected event. On the other hand, this is ordinary panic.

Of course, I am sure that many inexperienced guys sold their positions in fear during this fall. Most did this in loys, when it was already time to buy back. Today we see the cue ball above $65k, which is +10% of the loys.

The market calmed as Iranian authorities said they had completed their operation and Israel decided not to retaliate. Plus, there was some positivity this morning.

The Hong Kong SEC has approved applications by Bosera Capital and HashKey Capital Limited to launch spot Bitcoin and Ethereum ETFs. The launch of spot ETFs in Hong Kong could stimulate additional demand in the $25 billion market.

Now we will see a fight between two countries, two national ETFs. Positive? Definitely!

It's only beginning.

-----------------------------

Scammers Disclaimer:
I do not accept investments nor operate any investment schemes.
Please safeguard your funds and refrain from transferring money to anyone claiming otherwise."

------------------------

"Disclaimer:
This post is for educational purposes only and I am not your financial adviser. It is not financial advice. Please always conduct your own research and analysis before investing in any cryptocurrency or relying on the information provided. The content is based on data available as of [current date], and market conditions may change rapidly. Invest wisely and consider your risk tolerance before making any investment decisions.

#nomaeffect
#maahicrypto
#BTC
#BTCHalvingApril2024