Bitcoin ETFs Are Exploding—Here’s How to Ride the Wave with BTC Bull
Bitcoin ETFs are on fire! And no, not in the ‘crashing and burning’ way. Institutional investors have jumped on Bitcoin ETFs like it’s a Black Friday sale. In the last 11 months, the number of institutional holders of Bitcoin ETFs has surged a jaw-dropping 54.5x. That’s not even a full year, and the numbers are […]
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Investors looking to buy bitcoin now should consider implementing a dollar-cost averaging (DCA) strategy, according to leading traders in the cryptocurrency space.
Analysts still hold a bullish longterm view of Bitcoin price, but they also agree that the newly launched BTC ETFs are a game-changer. After reaching new all-time highs it's customary for Bitcoin (BTC) price see a bit of cooling off in the form of profit taking, consolidation and uncertainty from traders who are cautious about opening new positions at record highs. This appears to be exactly what is occuring this week as Bitcoin price struggles to hold the $60,000 level as support.BTC/USDT 4-hour chart. Source: TradingViewGenerally, most analysts still retain a bullish macro view of....
With Bitcoin ETFs seeing previously unheard-of inflows of $18 billion between July 15 and July 19, 2024, the focus turned clearly on them. Investor excitement peaked around this time, and spot Bitcoin ETFs reached fresh highs. Related Reading: In German, Michael Saylor Issues A Strong Bitcoin Statement – Here’s What He Said The market saw […]
Apart from Spot Bitcoin ETFs, Ethereum Futures ETFs have been the talk of the crypto industry for months as investors look toward a catalyst for the next bull run. However, data has shown the highly anticipated ETFs have had underwhelming results in trading volume. Although the crypto market has witnessed some gains in the past few days, this hasn’t flowed into Ethereum Futures ETFs as investors seem hesitant to adopt these new Ethereum investment vehicles. How Have Ethereum Futures ETFs Fared So Far? Ethereum futures ETFs provide indirect exposure to the price of ETH through....
Well, what a difference a day makes, as the saying goes…. Those who follow this column regularly will notice that the 8-day chart looks different today. I noticed last night that if the bull setup is expanded to begin at the end of the bear market in Jan 2015 and sized to the downturn in July of that year, the last green bar closed EXACTLY at the 5th arc. I wish I had been using this setup all along, but hindsight is 20/20 of course… In any case, at the very end of the last column I suggested I was done with the bull trade for now. Like everyone else, I wanted to ride the wave all the way....