Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
https://www.reuters.com/technology/sec-tells-spot-bitcoin-etf-hopefuls-make-final-changes-by-year-end-sources-2023-12-22/
It is safe to say now that the 10th Jan will be the D-day. Almost 2 weeks to the next milestone in the mass adoption. Some will try to milk the pump with high leveraged longs. But they might get rekkt. Although I expect 50K in the next month, I'm looking for the real impact of these multi trillion companies on the spot market. The next 2 years will be fun to watch. 100K is inevitable. I guess a peak above 200K in this bull market is quite possible. We should be prepared.
It is safe to say now that the 10th Jan will be the D-day. Almost 2 weeks to the next milestone in the mass adoption. Some will try to milk the pump with high leveraged longs. But they might get rekkt. Although I expect 50K in the next month, I'm looking for the real impact of these multi trillion companies on the spot market. The next 2 years will be fun to watch. 100K is inevitable. I guess a peak above 200K in this bull market is quite possible. We should be prepared.
Pretty exciting. Seems to me each time we have seen the big news though the market sells. That classic strategy?
I suppose we could see some sort of mini blow off.