BITCOIN ETF!!
The rumor is that, #BTC will experience an another bull run this year and can cross $65,000 mark!! I'am not sure that, it will cross $65,000 but Bitcoin will surely cross the last year's mark of $20,000 because of only one reason - ETF i.e Exchange Traded Fund.
From the year 2014, SEC is trying to stop the Bitcoin #ETFs, but this year they will approve the btc ETF. Now, price of Bitcoin is $6,500 and the market cap is 250 billion dollars!! To multiply the Bitcoin by 10x, the market capitalization MUST reach 2500 billion dollars i.e it over 1 Trillion Dollars.
Last year, during this time frame i.e JULY-AUGUST, Bitcoin Futures launching news was made and then after 1 month Bitcoin rallied to over $19,000 and made 10x returns o investment.
So, I think that this news will also bring the next rally this year and will surely cross $20,000 marks!
And could your source on this be PBC? IF so, give credit where credit is due.
What is PBC? If the content is same, then I will definetly give credit to it. 😀👍
What do you think friends?
It seems to be bull run is gonna take place very soon.
Yes u r right
I m also hoping the same.
Because this time ETF filling done by well known exchange of Chicago.
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