Can someone tell me what to expect today’s us trading in term of bitcoin ETFs?
Can someone tell me what to expect today’s us trading in term of bitcoin ETFs?
I’m somewhat puzzled if institutional investors will be wise enough not to panic sell when today’s trading starts. What do you think, what will happen?
adrian ondachchi Answered question August 6, 2024
Well traditional markets are down as well so it’s a big reason for ETF investors to panic because they are mainly traditional market investors. Looks bearish right now bitcoin dropped from 60k to 50k overnight.
adrian ondachchi Answered question August 6, 2024
Selling your BTC will be bought up by the whales . Your best bet is to either sell for a profit, buy more or hold on for the bullrull at the end of the year.
Myat Kelly Answered question August 6, 2024
Institutional players and panic selling in the same sentence, not sure if it applies.
Samuel Goldenberg Answered question August 6, 2024