1/ The potential approval of a Bitcoin #spotETF has been anticipated as a milestone event that could have a substantial impact o
04 Jan 2024, 13:03
1/ The potential approval of a Bitcoin #spotETF has been anticipated as a milestone event that could have a substantial impact on the price of #Bitcoin!
But has Bitcoin already priced in the approval? 🤔👇
Same news in other sources
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04 Jan 2024, 13:03
5/
It's essential for #crypto investors to consider a variety of factors when assessing Bitcoin's price movements rather than solely relying on a single event like ETF approval!
Happy trading, fam 🫡
It's essential for #crypto investors to consider a variety of factors when assessing Bitcoin's price movements rather than solel
5/
It's essential for #crypto investors to consider a variety of factors when assessing Bitcoin's price movements rather than solely relying on a single event like ETF approval!
Happy trading, fam 🫡
04 Jan 2024, 13:03
4/
The Efficient Market Hypothesis states that share prices reflect all available information i.e. that all known info is already reflected in the current prices 📈
If approval is anticipated, some argue that the price might already reflect this expectation or "priced in" ✅
The Efficient Market Hypothesis states that share prices reflect all available information i.
4/
The Efficient Market Hypothesis states that share prices reflect all available information i.e. that all known info is already reflected in the current prices 📈
If approval is anticipated, some argue that the price might already reflect this expectation or "priced in" ✅
04 Jan 2024, 13:03
3/
The anticipation of a spot ETF approval has been a significant factor influencing Bitcoin's price throughout 2023 which can be seen in the $BTC price surging by 150%!
But, the market tends to respond to such news by adjusting the price in anticipation of future events 🧐
The anticipation of a spot ETF approval has been a significant factor influencing Bitcoin's price throughout 2023 which can be s
3/
The anticipation of a spot ETF approval has been a significant factor influencing Bitcoin's price throughout 2023 which can be seen in the $BTC price surging by 150%!
But, the market tends to respond to such news by adjusting the price in anticipation of future events 🧐