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Cristin Vidana JAi5
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On December 20, 2024, Bitcoin (BTC) was trading at R$583,066.14, after a 7% drop that reduced its value by more than R$60,000, returning to the level of US$94,000.
Analysts point out that, despite the correction, the market remains optimistic, with institutional investors showing increasing interest, especially after the approval of Bitcoin ETFs in the US, which attracted more than US$20 billion in just a few months.
However, high volatility and the predominance of short-term investors suggest caution, as emotional movements can influence the market. #MarketPullback $BTC
Analysts point out that, despite the correction, the market remains optimistic, with institutional investors showing increasing interest, especially after the approval of Bitcoin ETFs in the US, which attracted more than US$20 billion in just a few months.
However, high volatility and the predominance of short-term investors suggest caution, as emotional movements can influence the market. #MarketPullback $BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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