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Why ETF Approvals Still Get Rejected
Exchange-Traded Funds (ETFs) have taken the financial world by storm, offering investors convenient access to diverse asset classes. Yet, for some sectors, particularly the realm of cryptocurrencies, the path to an ETF approval remains riddled with obstacles. Understanding the reasoning behind rejections can shed light on this ongoing saga.Market Manipulation Concerns: One major hurdle for certain ETFs, especially those tracking volatile assets like Bitcoin, is the fear of market manipulation. R
7 biggest Bitcoin myths
Debunking the 7 Biggest Bitcoin Myths in 2024Bitcoin, the world's first and most valuable cryptocurrency, has been under intense scrutiny since its inception in 2009. As its price continues to hit new highs and major news breaks almost daily, it's important to separate fact from fiction. Here, we debunk the 7 biggest myths surrounding Bitcoin:Myth #1: Bitcoin is a bubble: While Bitcoin's price swings can be dramatic, it's important to remember it's a young and growing market. Comparing it to the
Bitcoin Price Prediction 2024-2030: Here’s How BTC Price Prediction Forecasts $100K After Halving 20
If Bitcoin sustains above $40K, the BTC price prediction for 2024 predicts it to reach $50,000.The Bitcoin price forecast 2030 projects a meteoric recovery in BTC price to reach $347,783.With a bullish recovery in late 2023, the price of Bitcoin skyrockets with the growing anticipations of a new bull run in 2024. The elements include the fourth Bitcoin halving, an event known for kickstarting bull runs, high hopes for a Bitcoin Spot ETF in the U.S. markets, and the growing institutional interest
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WillBTCBreak100KSoon
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$BTC Bitcoin is currently facing two significant resistance zones that could impact its upward momentum. The first major selling zone is around the $90,000 mark, which presents substantial selling pressure. However, an even stronger resistance level awaits at approximately $103,000, which I believe will be the heaviest hurdle for Bitcoin’s price to overcome.
As we approach these critical levels, it’s essential to remain cautious. It’s always wise to secure profits incrementally rather than holding out for an ideal peak. Overconfidence and greed can be detrimental, as we saw in 2021 when many held onto their assets too long, hoping for even higher returns, only to face sudden drops when the market turned. The key is to approach this rally strategically, taking profits along the way to protect gains and avoid potential losses if the market shifts unexpectedly.
#WillBTCBreak100KSoon
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