If #BTC can break $52,000

We will see new #ATHs very soon again...
$BTC

#BTC is still at critical Resistance.

But if we break this level,

#ATHs will come very fast.

I think #BTC will hit new #ATHs in 2024.

#Bitcoin will pump to new #ATHs today.

Get ready.

#TrendingTopic #WIF #BTC $BTC

#Bitcoin may be at #ATHs but the peak is nowhere close.

Retail is not even here yet.

We are just getting an appetiser.
$BTC #BTC

Usually #BTC hits new #ATHs just 6 months after the #Halving .

I think this will happen yet again.

This means you have less than a year to gear up for the real #bullmarket

Are you prepared for it?

#BTC #ATHs can come very fast...

This week will be more wild for #Bitcoin
 
New #ATHs are coming 🚀

let's start

The #BTC #spotETF is NOT priced in.

And here is why:

The reality is that its impact can't be fully anticipated.

Once approved, an ETF could be launched within just 10 days.

This introduction could potentially funnel between $200 billion and $300 billion in capital, with all #ETFs expected to be backed 1:1 by actual #Bitcoin

As a result, significant buying pressure is likely to emerge POST-approval of the ETF.

An inflow of $200 billion to $300 billion could send Bitcoin to new #ATHs
$BTC

#bitcoin Long-Term Holder Supply is pushing to new #ATHs every day, after a long consolidation 📊

#Binance #BTC #crypto2023

#BTC☀️  broke the downtrend.

New #ATHs imminent 🚀

VanEck’s CEO expects the US #SEC will approve all spot #BTC #ETF applications at the same time.

Jan van Eck – the CEO of VanEck – one of the first global financial companies to file for a spot Bitcoin ETF years ago – believes $BTC is a unique asset that will be extremely hard to duplicate or outdo.

He also refuted the speculations that the asset is one big bubble and said there will be a new all-time high within the next 12 months.

New #ATHs by Dec 2024...?

While explaining how he got interested and involved in the primary #cryptocurrency , van Eck said he saw similarities with gold that brought him closer to bitcoin. As such, his firm decided to file for a spot Bitcoin ETF back in 2017, which made them the “first established ETF player” to do so.

Since then, the company has faced numerous rejections and delays by the US Securities and Exchange Commission but continues to amend its applications. Just last week, it changed the ticker for its ETF proposal to HODL. Van Eck said the company is proud of the new name’s ticker.

Circling back to the similar performances of both gold and bitcoin, the exec said they tend to move in the same direction and have the same macro behind them.

This, alongside the upcoming halving and the potential approval of ETFs, could propel BTC’s price higher. In fact, VanEck’s CEO sees a new all-time high above $69,000 (registered in late 2021) to occur within the next 12 months.

When asked about the growing criticism in regards to being used in criminal activities of Jamie Dimon, the CEO of JPMorgan, and other bankers, van Eck said :-

“Don’t throw the first stone if you are associated with the bank or any other financial institution that’s never been involved with criminals in one shape or the other. I will leave it with that.”

If history would repeat, #Bitcoin  will hit new ATHs in November 2024.

Patience is key.

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