[We got BTC Spot ETF] We are waiting for big news about BTC Spot ETF

[NikeFit_7777]

I believe that BTC and the crypto market do not depend on just one country. China has rejected the opportunity with crypto, but I believe they will soon accept because Hong Kong is joining the crypto wave.

Market Makers have more information about the market than investors: buying/selling volume, important price levels, market sentiment. They have ways to maximize their profits, of course by making most of the rest lose money.

Maybe we are seeing “sell-the-news”, I am not surprised by this. Regardless, the BTC Spot ETF will still be an important driver for the coming cycle.

My MSAP.Rainbow prediction has completed its jouney. This is my funny prediction at the moment. I hope I'm wrong and BTC will break $52K easily.

Ideal of course, would be to see (this year for sure) a price for 1BTC In 20-25 thousand dollars. In general, you know, ready fully before any fall. Whether it's a -15% drop tomorrow or a +15% rise. I will act on the market situation. Don't forget, (probably) there will be another ETF ETH acceptance. And I believe they should adopt it. Within a few months - 100%.

As always, we are watching this wild market. Thanks for sharing the screenshot.

P.S. If you have a personal blog/telegram channel/youtube - feel free to share. Will be a subscriber. 

[MrSpasybo]

Ideal of course, would be to see (this year for sure) a price for 1BTC In 20-25 thousand dollars. In general, you know, ready fully before any fall. Whether it's a -15% drop tomorrow or a +15% rise. I will act on the market situation. Don't forget, (probably) there will be another ETF ETH acceptance. And I believe they should adopt it. Within a few months - 100%.

As always, we are watching this wild market. Thanks for sharing the screenshot.

P.S. If you have a personal blog/telegram channel/youtube - feel free to share. Will be a subscriber. 

If we are long-term investors, any short-term negative fluctuations will not have any impact on our investment decisions.

We will have ETH Spot ETF, BTC halving, presidential election in the US, these stories will take BTC to new ATH, that is almost a certainty! I have no skepticism about this scenario.

I have telegram and youtube channels, but done in my local language ^^ AltcoinsTalks forum is good enough for us to discuss the market 💪💪💪

[sampoerna]

If we are long-term investors, any short-term negative fluctuations will not have any impact on our investment decisions.

Yes exactly.
It is true that if we are long time holders then we will not be affected by various market changes which are quite drastic at any time. Indeed, we already understand that the market is very volatile and there will definitely be continuous changes whether they are significant or not. So if we have decided to hold for a long period of time, we can just leave it alone and our attitude is just to monitor market movements when it will go to a real bullish area. because if we are constantly in the market and we worry about everything then it is very likely that our main goal of holding for a long period of time will actually be disrupted and there will be certain worries.

[Captain Corporate]

Too many people got too hyped for this, just relax and wait for it to eventually happen. I am sure that its going to be easier to get accepted nowadays, its not going to be a rejection, even the worst possible case would be just another postpone, which isn't bad, it just means it will get accepted some other time, but there is no rejection that would be possible. So all I am saying is that we are going to get it anyway, so why get too anxious about it? What would you gain from having some sort of issues with it? In the end, people sold a lot, because they are anxious, and this resulted with small correction, it will go back anyways.

[MrSpasybo]

Yes exactly.
It is true that if we are long time holders then we will not be affected by various market changes which are quite drastic at any time. Indeed, we already understand that the market is very volatile and there will definitely be continuous changes whether they are significant or not. So if we have decided to hold for a long period of time, we can just leave it alone and our attitude is just to monitor market movements when it will go to a real bullish area. because if we are constantly in the market and we worry about everything then it is very likely that our main goal of holding for a long period of time will actually be disrupted and there will be certain worries.

I believe that Market Maker or greed/fear can only create short-term fluctuations but cannot change the inevitable trend of the market which is long-term growth. I only invest in Spot and Hold BTC, I don't join Future, I don't have any fear related to 20-30% increase or decrease in a few weeks. My goal is for BTC to reach $150K by 2025. Currently BTC can fall to $32.5K or increase to $50K, everything is not important. Market Maker won't be able to get my BTC ^^

Too many people got too hyped for this, just relax and wait for it to eventually happen. I am sure that its going to be easier to get accepted nowadays, its not going to be a rejection, even the worst possible case would be just another postpone, which isn't bad, it just means it will get accepted some other time, but there is no rejection that would be possible. So all I am saying is that we are going to get it anyway, so why get too anxious about it? What would you gain from having some sort of issues with it? In the end, people sold a lot, because they are anxious, and this resulted with small correction, it will go back anyways.

We got BTC SPot ETF on Jan 11th, mate! Now we just follow its impact on BTC and the crypto market in long-term. I believe that the impact is positive and we will have new ATH for BTC this year  💪

[CryptoLaila]

 My goal is for BTC to reach $150K by 2025. Currently BTC can fall to $32.5K or increase to $50K, everything is not important. Market Maker won't be able to get my BTC ^^

We got BTC SPot ETF on Jan 11th, mate! Now we just follow its impact on BTC and the crypto market in long-term. I believe that the impact is positive and we will have new ATH for BTC this year  💪

Well, we might and it could show up next year but whatever will happen  should be spotted on the price movement  as the chart will always tell

[MrSpasybo]

Well, we might and it could show up next year but whatever will happen  should be spotted on the price movement  as the chart will always tell

Let's try to predict the support price zone for BTC.

Using Fibo Retracement, BTC price has currently decreased from Fibo 0.786 to Fibo 0.618, however this zone does not have any support yet, so I think BTC will continue to decrease to Fibo 0.5 ~ $32K. This was a strong resistance zone in Q2 2023. Once broken, it could become a reliable support zone for BTC's price increase.

In case the market has a black swan event, BTC may drop to Fibo 0.236 ~ $22K. However, since the BTC halving is only about 3 months away, I don't think the market has enough time to make such a big move, so I won't pay much attention to this possibility.

Details: Support zone: BTC will retest before continuing to increase

>> We have now seen BTC test $39K, a key level, and continue to rise. $32.5K is my expectation zone, not a mandatory zone where BTC needs to retest. In 2016, we only saw one pinbar weekly candle at Fibo 0.5. We will continue to observe BTC price movements over the next few weeks.
I still keep my BTC for the long-term goal of ATH in 2025 ^^

[CryptoLaila]

>> We have now seen BTC test $39K, a key level, and continue to rise. $32.5K is my expectation zone, not a mandatory zone where BTC needs to retest. In 2016, we only saw one pinbar weekly candle at Fibo 0.5. We will continue to observe BTC price movements over the next few weeks.
I still keep my BTC for the long-term goal of ATH in 2025 ^^

Keeping is just the real deal here , surely we are expecting an ATH soon not more than 2025.
For now I think its trying to build up a strong support at the current Prince bottom from your chart any brak out is directly  to the pin point as you've  mentioned .
More dips to catch 

[0t3p0t]

>> We have now seen BTC test $39K, a key level, and continue to rise. $32.5K is my expectation zone, not a mandatory zone where BTC needs to retest. In 2016, we only saw one pinbar weekly candle at Fibo 0.5. We will continue to observe BTC price movements over the next few weeks.
I still keep my BTC for the long-term goal of ATH in 2025 ^^

Keeping is just the real deal here , surely we are expecting an ATH soon not more than 2025.
For now I think its trying to build up a strong support at the current Prince bottom from your chart any brak out is directly  to the pin point as you've  mentioned .
More dips to catch 

Yeah, best time to DCA in preparation for the next possible new ATH in the year 2025 timeframe. I also have a small hodlings which is intended for long term investment and hopefully what we have on our wallets will bring good news to me and you next year. 😁

[MrSpasybo]

Keeping is just the real deal here , surely we are expecting an ATH soon not more than 2025.
For now I think its trying to build up a strong support at the current Prince bottom from your chart any brak out is directly  to the pin point as you've  mentioned .
More dips to catch 

BTC's strong price increase this week really surprised me. It seems that the fact that FTX has finished liquidating their GBTC has reduced the selling pressure in the OTC market, thereby allowing buying pressure to prevail and pushing BTC price to $48k. We are seeing a direct impact from the BTC Spot ETF.

Anyway, I do not deny the growth of BTC price. I want to see it higher and higher, this will be confirmation for investors to continue to be optimistic and greedy, the crypto market will have more motivation to grow.

[CryptoLaila]

Keeping is just the real deal here , surely we are expecting an ATH soon not more than 2025.
For now I think its trying to build up a strong support at the current Prince bottom from your chart any brak out is directly  to the pin point as you've  mentioned .
More dips to catch 

BTC's strong price increase this week really surprised me. It seems that the fact that FTX has finished liquidating their GBTC has reduced the selling pressure in the OTC market, thereby allowing buying pressure to prevail and pushing BTC price to $48k. We are seeing a direct impact from the BTC Spot ETF.

Anyway, I do not deny the growth of BTC price. I want to see it higher and higher, this will be confirmation for investors to continue to be optimistic and greedy, the crypto market will have more motivation to grow.

Any latest update?? missed this as I was gone for a while

[MrSpasybo]

Any latest update?? missed this as I was gone for a while

After FTX sold all GBTC to compensate users, BTC price fell to $39K and then recovered strongly to $64K. Currently, Genesis is probably selling $1.3B in GBTC and causing the price to move sideways in the $60K-64K range^[1]. I hope that all of Genesis' GBTC will be quickly absorbed by the remaining ETF providers in the market, keeping the BTC price from falling into the $5xK zone!
[1] Impact of Genesis selling $1.3B worth of BTC

[CryptoLaila]

Any latest update?? missed this as I was gone for a while

After FTX sold all GBTC to compensate users, BTC price fell to $39K and then recovered strongly to $64K. Currently, Genesis is probably selling $1.3B in GBTC and causing the price to move sideways in the $60K-64K range^[1]. I hope that all of Genesis' GBTC will be quickly absorbed by the remaining ETF providers in the market, keeping the BTC price from falling into the $5xK zone!
[1] Impact of Genesis selling $1.3B worth of BTC

I hope so and it should be soon as ETFs continue the muscle flexing intthe aspect of BTC.
For (every sale in firm)
Return ETF absuption.
Although,  I still here the viral saying of an upcoming dip  from TAs

[pacar_tiri]

Yeah, best time to DCA in preparation for the next possible new ATH in the year 2025 timeframe. I also have a small hodlings which is intended for long term investment and hopefully what we have on our wallets will bring good news to me and you next year. 😁

Soon the bull run will start and usually this happens when the halving has been carried out and a few months later there will be a very crazy price increase because all the miners' savings have run out, they are having difficulty getting Bitcoin so many will buy Bitcoin at high prices. and influence Altcoin price movements.

[Captain Corporate]

I am not sure if we have it or not, but there is a logic behind all of these posts as well and I congratulate it. The whole "ETF will make it high" somehow getting right at the halving period was designed perfectly. I am %100 sure that they did it knowing. I have no idea how that benefits the ETF, but it is clear that we are not there just for this reason, we are going up because of the halving, and because ETF stuff was done in a way that was designed to date right at the same time, everyone thinks that it was somehow related. I purposefully work towards the halving logic, I know halving will make it go up without a doubt.