Here’s why analysts are saying ‘No FOMO’ ahead of Bitcoin’s ETF launch
The upcoming launch of a BTC ETF has bulls proclaiming that a $100,000 Bitcoin price is imminent, but several analysts warn that a sharp short-term pullback could also occur.
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The upcoming launch of a BTC ETF has bulls proclaiming that a $100,000 Bitcoin price is imminent, but several analysts warn that a sharp short-term pullback could also occur.
Bitcoin price increases will also be less dramatic moving forward, the report suggests.
According to crypto analyst and trader Alessio Rastani, Bitcoin will finalize its upward trajectory toward $100,000 in the next few months.
Altcoin projects focused on privacy caught a bid today as the bullish sentiment building over a possible Bitcoin ETF approval spreads across the market.
Bitcoin price spikes above $61,800 as the promise of a BTC ETF approval reignites the discussion on whether the top-ranked cryptocurrency will hit $100,000 by the end of the year.
The price of bitcoin has continued to push toward higher prices as the leading crypto asset has tapped a high of $61,749 per unit on Friday. The crypto asset came…
Rumors of an imminent Bitcoin ETF approval are boosting sentiment and prices across the market, but caution is warranted, as it could turn into a buy-the-rumor, sell-the-news event.
ALCX and SLP are flashing bottoming signals while BTC is steadily climbing toward $60,000.
Open Interest surged to $3.22 billion Thursday to levels not seen since February.
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