THOUGHTS ON THE MARKET -
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
Hit Like and retweet if I should do this
market thoughts more often.
$BTC $ETH #BTC #etf #BullRun2024. #CryptoExpectation #marketuptade