BTC.ETFs
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As the race heats up, large asset managers are gearing up to purchase Bitcoin in anticipation of spot BTC ETF launches, according to Yiannis Giokas, a senior director at Moody's Analytics.
#BitcoinStrategies #BTC/Update: #BTC.ETFs #cryptocurreny #CryptoNewsđđ°đ«
#BitcoinStrategies #BTC/Update: #BTC.ETFs #cryptocurreny #CryptoNewsđđ°đ«
Exclusive interview with #Alicia.Kao #Bitcoin trading funds and Arab countries on the Cocoin Exchange.
_In a world in which digital currencies are becoming a reality and establishing themselves in many economies, with the rise of Bitcoin, the victory of #Ripple in cases before American courts, and the nearness of obtaining a license to launch the first exchange-traded fund for spot Bitcoin contracts, the question is renewed about the most important platforms and exchanges for trading digital currencies in the Middle East. In an attempt to obtain more information about one of the most recent crypto exchanges in the Middle East, the Investing Saudi team conducted an interview with Alicia Cow, Managing Director of the Cocoin Exchange, to answer the most important questions posed in the crypto scene now. 1- How do you see the current news about spot #BTC.ETFs being accepted and what are your expectations for the BTC price in the near future? The Bitcoin Spot ETF is an important event in the history of Bitcoin because it can increase the liquidity, credibility and accessibility of Bitcoin, thus attracting more institutional and retail investors to the Bitcoin market.
$BTC $XRP
#FollowUsNow To see more breaking news đ”âŹïžđđŻ
_In a world in which digital currencies are becoming a reality and establishing themselves in many economies, with the rise of Bitcoin, the victory of #Ripple in cases before American courts, and the nearness of obtaining a license to launch the first exchange-traded fund for spot Bitcoin contracts, the question is renewed about the most important platforms and exchanges for trading digital currencies in the Middle East. In an attempt to obtain more information about one of the most recent crypto exchanges in the Middle East, the Investing Saudi team conducted an interview with Alicia Cow, Managing Director of the Cocoin Exchange, to answer the most important questions posed in the crypto scene now. 1- How do you see the current news about spot #BTC.ETFs being accepted and what are your expectations for the BTC price in the near future? The Bitcoin Spot ETF is an important event in the history of Bitcoin because it can increase the liquidity, credibility and accessibility of Bitcoin, thus attracting more institutional and retail investors to the Bitcoin market.
$BTC $XRP
#FollowUsNow To see more breaking news đ”âŹïžđđŻ
Bitcoin Urgent update đđŠ
Bitcoin is currently showing a bearish divergence on the one-day timeframe, which may concern some investors. However, there's no immediate cause for alarm. The deadline for the Bitcoin Spot ETF is approaching, and this doesn't seem to have sparked a sell-off. The market sentiment remains stable for now.
There's a noted #CME gap in Bitcoin's price between $40,350 and $39,400. Historically, 90% of the time these gaps are filled within a week, suggesting a potential move.
For those looking to enter a long position in Bitcoin, there are two key levels to consider:
1. If Bitcoin can sweep past $41,113 and then reclaim this level, it could signal a good entry point for a long position.
2. Alternatively, if Bitcoin fails to hold above $41,113, it could drop to fill the CME gap, presenting another potential entry point around $39,800.
The $39,800 level is also a strong support area for Bitcoin, reinforced by an order block in the market, which could provide a foundation for price stability and a potential reversal point.
What do you think about it guys?
#BTC #BTC.ETFs #btcon40k #ORDI.
Bitcoin is currently showing a bearish divergence on the one-day timeframe, which may concern some investors. However, there's no immediate cause for alarm. The deadline for the Bitcoin Spot ETF is approaching, and this doesn't seem to have sparked a sell-off. The market sentiment remains stable for now.
There's a noted #CME gap in Bitcoin's price between $40,350 and $39,400. Historically, 90% of the time these gaps are filled within a week, suggesting a potential move.
For those looking to enter a long position in Bitcoin, there are two key levels to consider:
1. If Bitcoin can sweep past $41,113 and then reclaim this level, it could signal a good entry point for a long position.
2. Alternatively, if Bitcoin fails to hold above $41,113, it could drop to fill the CME gap, presenting another potential entry point around $39,800.
The $39,800 level is also a strong support area for Bitcoin, reinforced by an order block in the market, which could provide a foundation for price stability and a potential reversal point.
What do you think about it guys?
#BTC #BTC.ETFs #btcon40k #ORDI.
