Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
AlcoHoDL
on 05/12/2023, 21:16:17 UTC
Interesting article

https://www.kitco.com/news/2023-12-05/Bitcoin-breaches-44k-as-BlackRock-secures-seed-capital-for-spot-BTC-ETF.html

"BlackRock sees a high probability that its application will be approved, and Bloomberg Intelligence ETF analysts Eric Balchunas and James Seyffart say there is a 90% chance that the first spot BTC ETF will be approved by Jan. 10.

Max Keiser, a well-known Bitcoin maximalist, has also caused a stir of speculation by tweeting about “rumors” that the sovereign wealth fund for Qatar – which is responsible for managing the nation’s vast oil and gas-generated wealth – is “looking to buy” $500 billion worth of Bitcoin. Keiser suggested that this could lead to a “$100,000 God Candle” on the BTC chart"

God candle! I like the sound of that!