BTC broke 14m' ATH(All Time High) 🥳

in H4LAB Research • last year (edited)

1000010551.jpg

Source: Binance exchange

It seems that approvals of spot BTC(Bitcoin) ETF(Exchange-Traded Fund)s applications are imminent 🥹 Approximately, 42 hours left.

By the way, I found a fun website 😂

1000010553.jpg

Source: Polymarket

This website provides a service that users can bet for whether spot BTC ETFs will be approved or not. Market participants think the odds of approvals is 86%. Great 👍

1000010542.jpg

Last night, Gary Gensler, the chairman of the SEC, wrote a thread on X. In a nutshell, he warned when crypto investors are considering crypto investment.

  1. Cryptos are more volatile, and some projects are insolvent.

  2. There are many scammers luring retail investors in the crypto world.

Alright, let's think about the reason why he left this message in this particular time. Since approvals of spot BTC ETFs applications are imminent under the circumstances, he might leave this message.

#btc #bitcoin #spot #etf #sec
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    This comment is for rewarding my analysis activities. Upvoting will be proceeded by @h4lab

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