We are living a very interesting moment. We are 30 days away from the SEC decision for an ETF, which the likelihood is evaluated as higher than 90% for approval, and about 4 months from the Bitcoin halving. Everyone and their grandmothers have been trying to "front-run" the ETFs and immediately get scared because price went up too fast from $30K to $44K. I think we are scared by the bear market... This last week Galaxy shared in their report that:
On top of this, the numbers thrown around regarding the ETF approval are speculated to be around $3bn on day one according to some analysts.. And yet some people are waiting in the sidelines for the dip? It truly was a hard bear market it seems. But there is a way to change this. If you are still bearish and on the sidelines, consider some bitcoin podcasts, or even just follow the developments in the ecosystem. [link] [comments] |
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