The bottom looks close

in #bitcoin16 days ago

If the US was our guide, the bottom looks close

We had a nice little drop once those Bitcoin ETFs were approved in the US.

Most forget that.

We dropped for roughly a week before surging.

We could be seeing the same with the Hong Kong bitcoin ETFs:

image.png

(Source: https://twitter.com/QuintenFrancois/status/1785708404977115355/photo/1)

The situation and timing were completely different, but you get the idea.

I am not expecting a similar reaction, but the potential is there.

I think once stocks start going up again, bitcoin will as well.

Sort:  

Congratulations, your post has been upvoted by @upex with a 69.64% upvote. We invite you to continue producing quality content and join our Discord community here. Keep up the good work! #upex

Coin Marketplace

STEEM 0.27
TRX 0.12
JST 0.032
BTC 65345.02
ETH 2944.90
USDT 1.00
SBD 3.76