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We are in the bear trap right now! Be cautious and HODL. 🚀 #buythedip

We are in the bear trap right now!

Be cautious and HODL. 🚀

#buythedip

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The #Bitcoin dominance has still peaked at 57.50%, and the chances are increasing week after week.
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About the $ETH Spot ETF Deadlines. The first one up with the final deadline is VanEck the 23rd of May. We're assuming either all ETFs get accepted or they don't, similar to how the #Bitcoin ones went. But technically we could see rejections for the smaller issuers only to decide on the Blackrock & Fidelity ones in August. Doubt that's a likely scenario but it's definitely possible. Maybe the other issuers can even refile after getting rejected in May to still join the party in August regardless? That scenario still get all the ETFs through at once + Keep Larry Fink's ETF approval record alive. But only by August.
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#bitcoin Bitcoin Dips, But Broader Downtrend Continues While Bitcoin only saw a small price drop yesterday, it's part of a bigger story. The king of crypto has been on a downward slide for the past two months. Possible reasons for the dip include weak economic data and recent comments from the Federal Reserve. Remember, the crypto market is known for its volatility. This could be a buying opportunity, or it could be the start of something bigger. Do your own research before making any investment decisions!
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Is There a Battle Brewing Between ETFs and Bitcoin? #ETFvsBTC There are signs of a growing competition between Bitcoin and ETFs (Exchange-Traded Funds) in the investment world. Recently, Binance Square published an article highlighting BlackRock's subtle ad campaign targeting older demographics to invest in their Bitcoin ETF [BlackRock Targets Boomer Investors with Subtle Bitcoin ETF Campaign]. This focus on a new investor pool for Bitcoin could potentially take away from traditional cryptocurrency exchanges like Binance. Do ETFs Pose a Threat to Bitcoin and Crypto Exchanges? While ETFs offer a more familiar and potentially safer way for some to invest in Bitcoin, they might lack the flexibility and high returns that cryptocurrency exchanges provide. It'll be interesting to see how this rivalry unfolds and how it affects the overall cryptocurrency market. What do you think? Will ETFs become the preferred way to invest in Bitcoin over traditional crypto exchanges? Let us know in the comments!
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#BTC Bitcoin is on the right path as compared to 2015-2017 rally All the pullbacks turns out to be bullish
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