Crypto Price Analysis Post-ETF Approval: Bitcoin and Ethereum
🚀 Bitcoin (BTC)
🔹 ETF Approval Date: January 10, 2024.
🔹 Patience Period: After the approval, the BTC price did not start rising immediately and showed a slight correction. However, after some time, the Bitcoin price surged, bringing significant profits to investors. This confirms the HODL (Hold On for Dear Life) strategy.
🚀 Ethereum (ETH)
🔹 ETF Approval Date: May 23, 2024.
🔹 Patience Period: After the approval, the ETH price also did not start rising immediately, showing a slight decline. It is expected that some time after the approval, the Ethereum price will rise significantly, bringing substantial profits to investors. It is important to pay attention to the ETH ecosystem (decentralized finance) and its impact on the market. Additionally, we need to wait for ETH trading on the ETF to actually begin.
🔔 Conclusion: The charts highlight similar fractal patterns after ETF approval. This is just my opinion, and it may not meet your expectations.
🔹 ETF Approval Date: January 10, 2024.
🔹 Patience Period: After the approval, the BTC price did not start rising immediately and showed a slight correction. However, after some time, the Bitcoin price surged, bringing significant profits to investors. This confirms the HODL (Hold On for Dear Life) strategy.
🚀 Ethereum (ETH)
🔹 ETF Approval Date: May 23, 2024.
🔹 Patience Period: After the approval, the ETH price also did not start rising immediately, showing a slight decline. It is expected that some time after the approval, the Ethereum price will rise significantly, bringing substantial profits to investors. It is important to pay attention to the ETH ecosystem (decentralized finance) and its impact on the market. Additionally, we need to wait for ETH trading on the ETF to actually begin.
🔔 Conclusion: The charts highlight similar fractal patterns after ETF approval. This is just my opinion, and it may not meet your expectations.
Telegram Channel⏩ t.me/+aTlXBWnLy2Y4OTQ6
🔥Trade cryptocurrency on the exchange Bybit - partner.bybit.com/b/94881
🔥Trade cryptocurrency on the exchange Bybit - partner.bybit.com/b/94881
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.