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The Meaning and Impact of ETF Adoption on Bitcoin Market

時間:2024-01-11|瀏覽:299

What does the adoption of ETF mean? How will the bull market go? How long will it last?I have witnessed history many times in the currency circle, but in the past my level was limited and I could not understand or grasp it. But this time my judgment will be more sensible than before, and I will share it for future verification.1. The adoption of ETF means that Bitcoin is not just Bitcoin.In today's world, the United States still occupies an absolutely dominant position in economy, finance, and the US dollar.In the past, Wall Street played high and mighty, while the currency circle played low and low. Now that BTC has entered the market, people will judge him completely differently.ORDI's listing on Binance is the currency circle's recognition of ORDI, which has brought ORDI from 3 to 90.BTC passing through ETF is the recognition of BTC by traditional finance. How much will BTC increase from 40,000?1. The approval of ETF means that BTC is an upright investment productThere is no essential difference from investing in Apple's stocks, but the biggest difference is that its rise will kill most stocks in an instant.In particular, you cannot value this thing according to the traditional financial system. Even an old leek in the currency circle understands the valuation of the currency circle better than an analyst on Wall Street. This opens up a greater space for imagination.2. The adoption of ETF means that countless amounts of money will begin to flow in.The scale of traditional finance is terrifying. They couldn’t buy BTC in the past, but now they can...The most important logic is: narrative value will still play the greatest role in the short and long term. In other words, it doesn’t matter whether certain institutions buy or not, and it doesn’t matter whether certain institutions like or dislike it. There will be people who like and buy.Bitcoin's historical status has reached the same position as gold but with greater potential.So, gold is 16 trillion and Bitcoin is less than 1 trillion, but I think Bitcoin has surpassed gold 100%. BTC is now starting to rise another 16 times. How much is BTC? Let’s all figure it out for ourselves.But if the ETF passes, it will keep rising? 1 million BTC tomorrow? of course not.The adoption of ETF is a long-term, huge, and unprecedented example, but it does not mean that it will not fluctuate. Let’s talk about this next.2. How will the bull market go? How long will it last?I think that ETF, in conjunction with the Bitcoin halving, the Federal Reserve interest rate cut, etc., will be a process that lasts for more than a year. During this process, Bitcoin will continue to rise steadily. Therefore, this will be a slow bull or a big bull.And I think this 4-year cycle will be completely broken this time. Although it will not be an eternal bull market, BTC should still have a decline of more than 50% in the future, but the overall situation will become stronger and stronger, because people who speculate in coins and those who hold it will It's not the same anymore.Young man, cherish it.Doesn’t making money in this world rely on poor information and poor cognition? The huge consensus has attracted a huge flow of new people and new funds, which is good at the beginning, but later on, we "natives" will have to face the guns and tanks of traditional finance. The days of building your own Iron Man armor are numbered.As for short-term fluctuations? Have you noticed that I have emphasized a long time ago that in the bull market, give up all short-term swings and stay ahead of the trend, making swings and predicting short-term, is tantamount to jumping up and down on a high-speed train. You will always fall down. die.In a word: big bull, slow bull, last for a long, long time.It takes time for the market to digest, and there is no need to be too FOMO. In the very short term, emotions are still driving the theory. Emotions come and go quickly, and there should be a leisurely opportunity to get on board. Which big opportunity have you seen depends on how many people grab it? hours?

熱點:Bitcoin etf ETF

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