Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Monday, January 8, 2024

Bitcoin ETF


 

The stock market is a buzz about the possible pending introduction of Bitcoin physical delivery exchange traded fund ETFs

Bitcoin's price is declining now as 'buy the rumor, sell the news' sets in before the possible Securities And Exchange Commission 10th of January 2024 self imposed deadline to approve a Bitcoin ETF.

Bitcoin's price could still fall 26 % more from current levels before staging a rally of more than 150 %, to 71 000 USD in 2024, that is, according to Wolfteam Ltd.'s estimate.

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