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Crypto Trader: If BTC spot ETF is approved, $43,000 will become the lowest price in the near future

Crypto Trader: If BTC spot ETF is approved, $43,000 will become the lowest price in the near future

CointimeCointime2024/01/08 06:28
By:Cointime

Cryptocurrency trader DeFi^2 tweeted that almost all signs indicate that the approval of the ETF is a foregone conclusion, although many are still avoiding risks or waiting for confirmation.If the Bitcoin spot ETF is approved this week, $43,000 will become the recent lowest price.If the ETF launches the same week as approval, it is unlikely that there will be a Bitcoin sell-off and it will attract a large amount of new funds from outside the cryptocurrency space.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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