The price of Bitcoin (BTC) has been steadily gaining momentum over the past 11 months amidst banking uncertainty and optimism over spot Bitcoin exchange-traded funds (ETFs). On December 3, Bitcoin cleared the $40,000 mark, reaching its highest level in 19 months. Logically Expected Sell-off Event with Spot Bitcoin ETF Approval Crypto analysts posit that, logically, the approval of a spot Bitcoin ETF should trigger a sell-off event. James Edwards, a cryptocurrency analyst at Finder, believes this makes it a sell-the-news type event, as per Cointelegraph. However, Edwards concedes that...
source: https://tokenpost.com/Bitcoin-Price-Expected-to-Correct-with-Spot-Bitcoin-ETF-Approvals-Analysts-10910
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