Is the crypto winter over?

The prices are rocking higher again. Something must have leaked again (or more likely hacked)...which tells me SEC is on the cusp of making its move.

BTW Cboe Says Bitcoin ETFs to Start Trading Thursday (whatever that means).


upload_2024-1-10_15-19-16.png
 
timmrerng said:
It seems like the initial "pump" of the spot ETF approval is already priced in.

As is, 43% of CME BTC Futures belong to futures-based ETF and with the spot approval, more investors will likely rotate over to cheaper spot ETFs. And with this happening, futures funds will need to close their positions - forcing a squeeze causing even more downside potential.

This is my thesis, any thoughts?
More...

Tomorrow will be an important day

upload_2024-1-11_10-26-11.png
 
Bitcoin IPO day tomorrow!!!!

I will be somewhat disappointed if bitcoin does not close above $60k tomorrow and very disappointed if it doesn't close above $50k tomorrow

lfg!!!!


upload_2024-1-11_15-3-23.png



upload_2024-1-11_15-5-24.png
 
johnarb said:
Bitcoin IPO day tomorrow!!!!

I will be somewhat disappointed if bitcoin does not close above $60k tomorrow and very disappointed if it doesn't close above $50k tomorrow

lfg!!!!
More...

I know still a few hours left, but I stayed very late yesterday for that SEC approval, can't do it again today, lol

I am very disappointed with the price! Maybe it will improve by market close, but if it's not above $50k when I wake up, I will be calling the office of the Bitcoin CEO to file my complaint!!!!
 
johnarb said:
I know still a few hours left, but I stayed very late yesterday for that SEC approval, can't do it again today, lol

I am very disappointed with the price! Maybe it will improve by market close, but if it's not above $50k when I wake up, I will be calling the office of the Bitcoin CEO to file my complaint!!!!
More...

Was nice while it lasted.haha

May have etched a path and will consolidate before improving.

Keep those beers on ice mate! haha
 
You must log in or register to reply here.
Back
Top