DiveInDefi
If we get insane pumps soon, you know that Blackrock is buying ur bitcoin
Scenario:
All ETFs buy their share that they need for the ETF upfront.
This will pump BTC to its (short-term) high.
Then all ETFs aren't properly live yet and there is not that much money flowing in as many expected. Then ppl think about selling the news on this pump and we get full bear fear.
However, this dump will be less crazy than everybody expects it to be. Then ppl start buying again + first institutional money flows in. This paired with the retail fomo brings us to new ATHs in BTC.
When we hit new ATHs and everyone is going crazy, ETF discussions about ETH start intensifying and ppl start pumping eth like crazy. This will also be the start of the alt season.
ETH ETF comes out and everything is going crazy for a few weeks. This will mark the top. We will get more ETF discussions on other blue chips but the top is already in and we start with a slower bleed.
All ETFs buy their share that they need for the ETF upfront.
This will pump BTC to its (short-term) high.
Then all ETFs aren't properly live yet and there is not that much money flowing in as many expected. Then ppl think about selling the news on this pump and we get full bear fear.
However, this dump will be less crazy than everybody expects it to be. Then ppl start buying again + first institutional money flows in. This paired with the retail fomo brings us to new ATHs in BTC.
When we hit new ATHs and everyone is going crazy, ETF discussions about ETH start intensifying and ppl start pumping eth like crazy. This will also be the start of the alt season.
ETH ETF comes out and everything is going crazy for a few weeks. This will mark the top. We will get more ETF discussions on other blue chips but the top is already in and we start with a slower bleed.
DiveInDefi
Getting close to that last lifeline. If we break it and retest from the bottom, it will look very bad, also for alts in general in the short-medium term I‘ll keep you updated on that.
We broke the last support. There is no real support coming anytime lower. ETH might just get giga outperformed by BTC in the next weeks. I mean it is kinda expected but ETH ETFs are in the talks. ETH will make up a lot in a very short time-frame. The question is: how long will it bleed until then.
Forwarded from Watcher Guru
JUST IN: Valkyrie Chief Investment Officer says Ripple $XRP & Ethereum spot ETFs could come to market now that the SEC is about to approve one for Bitcoin.
@WatcherGuru
@WatcherGuru
Forwarded from Watcher Guru
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JUST IN: Spot Bitcoin ETF Applicant VanEck CEO says ETFs are "all getting ready to basically list on Thursday."
@WatcherGuru
@WatcherGuru
Damn a rejection or delay would be so brutal. A daily to 30k programmed if that happened
Forwarded from Binance Futures Liquidations
🟢 #BTC Liquidated Short: $55.7K at $50530.30
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U.S. Securities and Exchange Commission (@SECGov)
Today the SEC grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges.
The approved Bitcoin ETFs will be subject to ongoing surveillance and compliance measures to ensure continued investor protection.
The approved Bitcoin ETFs will be subject to ongoing surveillance and compliance measures to ensure continued investor protection.
Is fake approval going to send us from 25k to 48k and then fake approval again sending us back?