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- Fear & Green Index at highs last seen Nov 21. - Dexscreener Top Trending having 2021 vibes. - Bloomberg Terminal report on $WIF - Our Large Caps Index at a big resistance.
Not selling, but we'll wait for major pullbacks to add again.
The crypto analyst predicts Bitcoin will surge soon based on the anticipated approval of spot Bitcoin ETFs in the U.S. on Jan. 10.
In his YouTube video on Dec. 22, the analyst behind the popular CryptosRUs channel predicted that Bitcoin (BTC) and the overall crypto market will soon be poised for a significant surge. He based this on the widespread anticipation that the SEC will finally approve spot Bitcoin exchange-traded funds (ETFs) in the U.S., with Jan. 10 being the target date.
Bitcoin exchange-traded funds (ETFs) enable investors to safely access cryptocurrency without needing to handle digital assets directly. Potential approval of spot bitcoin ETFs by U.S. regulators has led to growing optimism in recent months.
A U.S.-regulated spot bitcoin ETF could potentially increase BTCâs accessibility, liquidity, demand, and price. However, there are also costs associated with such an innovation.
In an optimal scenario, direct BTC investment would coexist with various regulated instruments, enabling diverse strategies and catering to varying investor needs.