Bitcoin : the ETF trade is almost done? What is next then?
I think that the short term for BTC is probably down/rangy/choppy while the longer term is significantly more bullish
Anticipation surrounds the Bitcoin ETF approval, hinting at a "buy the rumor, sell the fact" scenario. Pre-approval price surges often yield post-confirmation sell-offs. Investors, wary of declining risk-reward, strategize to sell before the event, especially during the Jan 01-05 window due to tax implications, revealing market sentiment's sway.
Anticipation surrounds the Bitcoin ETF approval, hinting at a "buy the rumor, sell the fact" scenario. Pre-approval price surges often yield post-confirmation sell-offs. Investors, wary of declining risk-reward, strategize to sell before the event, especially during the Jan 01-05 window due to tax implications, revealing market sentiment's sway.
Comentarios:
completely wrong on the correction size there... one to remember for later