Bitcoin ETF is almost here!!!

Mr Positive

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Let’s hodl because it’s coming and with it a new revolution too or I hope!!! $100k this year :p may or may not happen but let’s pray that we get close to it
 
what should be the strategy of holding btc by buing now?
how to know when to exit when it hits upto $60K+
 
I have nothing left in crypto...but I would love to see btc at 100k :)
 
Hello
Witch ETF exactly
You need to google bitcoin etf
Fingers crossed ;)
They’re saying this Wednesday so let’s see
what should be the strategy of holding btc by buing now?
how to know when to exit when it hits upto $60K+
If you have hold with etf approval and halving event coming big chance of it hitting $100k but then again it may crash also. Remember you need to be patient with it and take chances but nerve sell in loss
I have nothing left in crypto...but I would love to see btc at 100k :)
Now they’re saying $200k too so who knows:p
 
If you have hold with etf approval and halving event coming big chance of it hitting $100k but then again it may crash also. Remember you need to be patient with it and take chances but nerve sell in loss
yeah it will crash soon but we can take the chances and learn when to exit
 
What if there's another delay?

When everyone is expecting upward movement, that's the time to be more cautious. Stocks and cryptocurrencies don't always follow the expected direction of the market.
 
What if it gets delayed again?

When everyone is expecting upward movement, that's the time to be more cautious. Stocks and cryptocurrencies don't always follow the expected direction of the market.
I don’t think they can delay it again, Wednesday is the final deadline where they have to either approve or deny.
 
What if it gets delayed again?

When everyone is expecting upward movement, that's the time to be more cautious. Stocks and cryptocurrencies don't always follow the expected direction of the market.
I'd say everyone actually expects the 'sell the news' event, even Cramer (which is usually inverse), so it's hard to say.
 
I believe ETFs have different deadlines, and the last one is January 20th?
I think that’s right, it depends when they were first filed but I’m sure the deadline for the ARK invest ETF is Wednesday.
 
I think that’s right, it depends when they were first filed but I’m sure the deadline for the ARK invest ETF is Wednesday.
Ark Invest 21Shares Spot Bitcoin ETF (ARKB) has a final deadline of January 10, 2024 while others have final deadlines between March and May this year.

Yup, you're right! Fingers crossed :)
 
Here is what can provoke the dump too
Let’s hodl because it’s coming and with it a new revolution too or I hope!!! $100k this year :p may or may not happen but let’s pray that we get close to it
I saw an opinion-reasoning about BTC-ETF and it’s damn interesting, it can be something like a black swan and take the markets down

After quietly failing to convince the SEC to register an in-kind Bitcoin ETF (i.e. with live Bitcoin as collateral), Blackrock decided to use a cash model for its spot Bitcoin ETF in an updated filing.

Roughly speaking, the new BlackRock ETF will be a surrogate fund, where its clients will own the same paper Bitcoin as the clients of the long-established GreyScale Capital. "

Those. the news about the approval of BlackRock Bitcoin ETF on January 10, 2024 will give a short-term impulse, because after all, how long they have been waiting for them, but then it will no longer serve as fuel for the BTC native , because when purchasing an ETF, real BTC will not be reserved and, as a result, purchased for this purpose.

UPD: But Greyscale gave up after Blackrock, pushing its ambitions aside under pressure from the SEC. There will be no spot ETF, they will accept another paper one under the guise of a natural one


️ This news fits perfectly with the well-known phrase: “Buy rumors, sell facts.” Because now we are flying on strong expectations, and when BTC-ETF is accepted, we will most likely go down, since everything will not be as rosy as everyone thought
 
Here is what can provoke the dump too

I saw an opinion-reasoning about BTC-ETF and it’s damn interesting, it can be something like a black swan and take the markets down

After quietly failing to convince the SEC to register an in-kind Bitcoin ETF (i.e. with live Bitcoin as collateral), Blackrock decided to use a cash model for its spot Bitcoin ETF in an updated filing.

Roughly speaking, the new BlackRock ETF will be a surrogate fund, where its clients will own the same paper Bitcoin as the clients of the long-established GreyScale Capital. "

Those. the news about the approval of BlackRock Bitcoin ETF on January 10, 2024 will give a short-term impulse, because after all, how long they have been waiting for them, but then it will no longer serve as fuel for the BTC native , because when purchasing an ETF, real BTC will not be reserved and, as a result, purchased for this purpose.

UPD: But Greyscale gave up after Blackrock, pushing its ambitions aside under pressure from the SEC. There will be no spot ETF, they will accept another paper one under the guise of a natural one


️ This news fits perfectly with the well-known phrase: “Buy rumors, sell facts.” Because now we are flying on strong expectations, and when BTC-ETF is accepted, we will most likely go down, since everything will not be as rosy as everyone thought
What source is this?

This isn't accurate. They are going to buy actual spot Bitcoin, and almost all of the applicants are using Coinbase for it.
 
I'm buying more gbtc than btc the last few weeks. Work pretty good so far.
 
Here is what can provoke the dump too

I saw an opinion-reasoning about BTC-ETF and it’s damn interesting, it can be something like a black swan and take the markets down

After quietly failing to convince the SEC to register an in-kind Bitcoin ETF (i.e. with live Bitcoin as collateral), Blackrock decided to use a cash model for its spot Bitcoin ETF in an updated filing.

Roughly speaking, the new BlackRock ETF will be a surrogate fund, where its clients will own the same paper Bitcoin as the clients of the long-established GreyScale Capital. "

Those. the news about the approval of BlackRock Bitcoin ETF on January 10, 2024 will give a short-term impulse, because after all, how long they have been waiting for them, but then it will no longer serve as fuel for the BTC native , because when purchasing an ETF, real BTC will not be reserved and, as a result, purchased for this purpose.

UPD: But Greyscale gave up after Blackrock, pushing its ambitions aside under pressure from the SEC. There will be no spot ETF, they will accept another paper one under the guise of a natural one


️ This news fits perfectly with the well-known phrase: “Buy rumors, sell facts.” Because now we are flying on strong expectations, and when BTC-ETF is accepted, we will most likely go down, since everything will not be as rosy as everyone thought
I think after approving ETF bitcoin will go to 48-50k and then will see a huge correction up to 37k first and then even 32k

54000 is maximum we'll go after ETF approval

100K is rather the long term - maybe in 2025
 
I think after approving ETF bitcoin will go to 48-50k and then will see a huge correction up to 37k first and then even 32k

54000 is maximum we'll go after ETF approval

100K is rather the long term - maybe in 2025
omg you can really see the future very precisely, that's great!
 
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