Bitcoin ETF! Bitcoin ETF!! Bitcoin ETF !!! Yes it has been approved, then what next for crypto?
I think we have already agitated about bull market coming in 2024 with @Prince-Onscolo@Gordian@Youngyuppie and @manfred_jr With host of others
No hard feelings but I think bull run is not coming anytime soon, sometimes history is likely repeat itself, yes it can be broken and rewritten,…
The narrative always come that after halving there comes a bull run and a new ATH for Bitcoin,…hmmm how would that be possible, when most people are not willing to hold just 2× you will take profit and run same as others,…am not saying this to get you gripped in fear or being negative or whatever but don’t be suprise that bull run might not come anytime soon
What’s your say?
Do you concur with me? Or are you objecting?
Please answer with your reasons
To our great professor @Nana66419 are you thinking what am thinking or thinking differently?
so you expect the market to go upwards only? No it won’t work like that. Still bull run will come but personally I tipped 2025 but won’t be surprised if we see some nice moves again this year. Bitcoin may touch 33k this year and may touch 50k too all in this year. #NFA tho
Assets are just experiencing volatility at the moment just like in the case of a swinging pendulum set in motion, it always goes both ways. In this case it’s just a bear market shakedown that’ll recuperate in the coming months following the upcoming halving, be sure to spread your investments across alts cause a “transfer of wealth” type of tsunami is incoming, and scalping/swing traders are still eating good in this dip.
P.S - I just got a notification of a trade I didn’t put SL in church and ended up here, I’ll have to pray for my blood pressure now, bye guys.
To me, I think that the (correction) we are seeing now is to shaken out those who are not ready for what is ahead. Remember, ETF is not the final destination for this era but there is another big event being prepared for, The Bitcoin halving. So, it’s not appropriate to expect parabolic after the ETF approval, we have to move and retrace, then be preparing for another move up after the halving. In my honest opinion, Bitcoin and the entire crypto space responded the way I have thought it should after the ETF approval, trading from above $40k to above $50k, making us to have a strong consolidation at around $40k+. Now I’m expecting it to trade between $45k to above $60k+ after the halving and I’m certain you know what this could mean to the entire crypto market.
This is just my personal opinion and should not be considered while making any financial decisions.