#BTC EFT

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we ask Allah reconcile and repay.. 🤲

Valkyrie Investments co-founder Steven McClurg said the spot Bitcoin ETF is expected to receive SEC approval by the end of Wednesday and begin trading Thursday morning, with the first 10 ETFs launching at the same time. It could see $4 billion to $5 billion in inflows in the first few weeks. The Block

The market is expected to experience heightened volatility until the release of the news. Exercise caution and stick to rigorous risk management.

From an analytical perspective, there are two likely scenarios:

Bitcoin may rise to $48-51k and then undergo a correction to $36-30 thousand.

Alternatively, positive news may result in immediate selling pressure, irrespective of the price.

In the event of a correction, it could present an opportunity to secure profits and re-enter the BTC. Be vigilant and exercise caution.

we ask Allah reconcile and repay.. 🤲

https://www.tradingview.com/x/mBYXk0A0/
we ask Allah reconcile and repay.. 🤲

BREAKING: 🇺🇸 SEC approves all Spot Bitcoin ETFs.

• VanEck
• Bitwise
• Fidelity
• Franklin
• Valkyrie
• Hashdex
• ArkInvest
• Grayscale
• BlackRock
• WisdomTree
• Invesco Galaxy

@WatcherGuru

Do not forget.

#BTC ETF News released with -4.5% for BTC about 2K , do not lose focus, this drop and movement started as we planned let hope it will done as we expect.

https://www.tradingview.com/x/DL4lIZbD/

we ask Allah reconcile and repay.. 🤲

🚀 BIG BREAKING: FOR REAL THIS TIME !

✅ SEC Has Approved Bitcoin Spot ETFs !

The Securities and Exchange Commission has just approved the Bitcoin Spot ETF, marking a significant milestone in cryptocurrency's integration into traditional finance.

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#BTC is try to overcome $47K, The breakout will lead to next resistance around $51-53K, However rejection will spread panic sell, eyes on performance and daily close.

we ask Allah reconcile and repay.. 🤲

Never FOMO! However, there are some who don't heed this advice. Take a look at the ETC trade on VIP where individuals entered with $190K. This goes against our rules, but it seems we have some risk-taking sharks among us.

Adhere to risk management, everyone! 😁 There is $190K at ETC trade

#BTC 30 Min until Daily close!
https://www.tradingview.com/x/p2z8gapL/
we ask Allah reconcile and repay.. 🤲

✅ Those Who Are Saying That SEC Deleted Announcement, Gary Back Again. This Time to Confirm the Approval !

▶️ SOURCE : https://www.sec.gov/news/statement/gensler-statement-spot-bitcoin-011023

▶️ KEY POINTS :

▪️"SEC Disapproved more than 20 Filings for spot Bitcoin ETPs since 2018"

▪️"After Court Ruling against SEC in Grayscale Case, Circumstances have changed and most sustainable path forward is to approve ETPs"

SO GARY ADMITS THAT They Approved it only after losing battle in court against Grayscale

▪️BAD NEWS : "today’s Commission action is cabined to ETPs holding one non-security commodity, bitcoin. It should in no way signal the Commission’s willingness to approve listing standards for crypto asset securities. Nor does the approval signal anything about the Commission’s views as to the status of other crypto assets under the federal securities laws."

Our Take : Basically He hints they treat BTC ETFs as exception to be approved but not other cryptos.

▪️"Investors today can already buy and sell or otherwise gain exposure to bitcoin at a number of brokerage houses, through mutual funds, on national securities exchanges, through peer-to peer payment apps, on non-compliant crypto trading platforms, and, of course, through the Grayscale Bitcoin Trust. Today’s action will include certain protections for investors"

What He try to hint, saying investors can already trade on non-compliant crypto trading platforms, bcoz it is not allowed in US, then how someone can do

▪️"Bitcoin is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware,[4] money laundering,[5] sanction evasion,[6] and terrorist financing.[7]
While we approved the listing and trading of certain spot bitcoin ETP shares today, we did not approve or endorse bitcoin."

Again BS Rants in the end