SEC today Ark InvestAs the decision deadline expires on ‘s ETF application, analysts and the market SEC’Considering ‘s historical decision-making tendency, a decision on all ETFs is expected.
Because historically, it seems that the SEC makes decisions about all ETFs at the same time.
Although yesterday’s false confirmation post gives a negative impression in terms of price at first glance, ‘Bitcoin’It did not ease the mood among crypto bulls, who say new rises are possible in 2024.
Switzerland’s St. It took place in a luxury hotel in St. Moritz. “At the Crypto Finance Conference” The famous names who came together spoke to CNBC.
at this point Meltem Demirörs, head of strategy at CoinSharesstated that their happiness was cut short when it was announced that the approval news was fake.
“But ETF approval will come.
“When ETF approval and halving event are evaluated together, these will be an upward catalyst and I think we will exceed six figures by the end of 2024.”
“Bitcoin Will ATH in 2024!”
outside Demirörs Fred Thiel, CEO of Bitcoin miner Marathon Digital Holdings also made evaluations.
Fred Thiel said the SEC may “delay” approval but will approve it eventually, and probably very soon.
“I feel like the SEC will probably approve a lot of them and then move on.
Barring confirmation I think Bitcoin will follow its historical halving cycle. This will cause the BTC price to increase.
At this point, Bitcoin will make an ATH towards the end of 2024. In fact, it will then make a new ATH at the end of 2025.”
*This is not investment advice.
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