I would like to make a small reminder. #Bitcoin ath was 69,000 USD in the previous bull run And it didn't have institutional backers or state-by-state adoption laws like the ETF.
If we look at today's processes, those who have received institutional ETF approval have not yet reached 10 fingers.
Despite this, 73,000 USD was passed. Companies with billions of portfolios will come for investment. After this time, it will be very difficult for Bitcoin to fall below 50,000 USD, but if there is no war, stock market or global problem. I always look at writers who publish articles that will scare people and create panic. Yes, you are right, there was a retreat in the last bull after halvin.
1.There was no ETF approval. 2.The Fed had cut interest rates and they had printed money. 3.Bitcoin wasn't this remarkable.
What's in the future?
1. Larger mutual funds will come with ETF 2.Corporations are the future 3.Banks will come. 4. America will lower interest rates 5. America will print money 6.#eterium eft will arrive.
We have been experiencing bad scenarios since 2020. The bitcoin market, which seemed like garbage at that time, is now the most popular investment tool.
Our future is open to those who can be patient.
However, they will play with our psychology, everyone should make their plans and be on their guard.
I've been watching a lot of YouTube coins flying and running since 2020. They crashed and disappeared. Yesterday, I saw that they were back.
My only advice to you is that if you are reading this article right now, do research on the phone and jewelry you are looking at, look at the news, do not look at anyone, the charts only give buying and selling predictions, the important thing is that you say you will leave when you reach this target.
We are currently experiencing the way stock exchanges make money with robots, with the fluctuations in Bitcoin being completely leveraged transactions. Whenever the stock markets are satisfied, they will drive the market up. You ask why ? They store 15,000 USD of bitcoin.
It is the news in the global market that affects this and makes it rise.
They shared the news that the UK will launch bitcoin and #eterhum ETFs on April 8 Russian finance minister said we will legalize bitcoin and include it in the economy. HCSB Bank was the first digital gold coin in the world to be issued.
Long story short, we have a difficult journey ahead of us. But our future is very green...!!!