Rally

Bitcoin ETF

Bitcoin

Coin

<p><br> </p> 
<p style="text-align: justify"><a href="https://en.coin-turk.com/what-is-a-crypto-wallet/" data-wpel-link="internal">Crypto</a> investors are divided into different communities, and the XRP Coin community is quite large. Among this crowd, some names stand out. Especially due to the ongoing lawsuits for nearly three years, we should prioritize lawyers. XRP Coin supporter Lawyer John Deaton is therefore closely followed.</p> 
<h2 style="text-align: justify" id="bitcoin-price-analysis">Bitcoin Price Analysis</h2> 
<p style="text-align: justify">XRP supporter Lawyer John Deaton evaluated the current situation from his <a href="https://newslinker.co/category/social-media/" data-wpel-link="exclude">social media</a> account as volatility increases. The massive increase in the king of cryptocurrencies has divided investors into hold or sell. Short-term profits that are considered satisfactory may disappoint investors in a rapid decline. But what if the real rally has begun and rallies will disappoint sellers?</p> 
<p style="text-align: justify">BTC price has increased by 23% over a 7-day period. John Deaton, however, expressed his doubts while the uptrend continues.</p> 
<blockquote> 
 <p style="text-align: justify">“Okay, I have to admit that when everyone says the bull market is back, it makes me hesitant. Buying is an easy decision. Selling, on the other hand, is a much harder decision. If we are losing, we don’t want to admit that we made a mistake, so we don’t sell.”</p> 
</blockquote> 
<h2 style="text-align: justify" id="will-the-crypto-rally-continue">Will the Crypto Rally Continue?</h2> 
<p style="text-align: justify">Wirex CEO Pavel Matveev reminds us how critical the current period is. He stated that the SEC’s order to re-examine the conversion of GBTC to an ETF nurtures expectations for approval. Moreover, he emphasized the demand that the ETF would generate for <a href="https://en.coin-turk.com/when-will-spot-bitcoin-etf-be-approved-all-potential-decision-dates/" data-wpel-link="internal">Bitcoin</a> as a product.</p> 
<blockquote> 
 <p style="text-align: justify">“A Bitcoin ETF can make it much easier for daily investors to invest in Bitcoin. They won’t have to worry about buying and storing cryptocurrencies directly. Large institutional investors can see the approval of a Bitcoin ETF as a sign that the crypto market is becoming more legitimate.”</p> 
</blockquote> 
<p style="text-align: justify">Here is the most crucial point: if the ETF is approved, adding a spot Bitcoin ETF to the company’s balance sheet becomes much easier, and more importantly, it becomes legitimate. There are companies worth billions of dollars that could cause massive price fluctuations by buying a BTC ETF with only 0.01% of their balance sheet.</p> 
<blockquote> 
 <p style="text-align: justify">“This decision could affect the price and the functioning of the Bitcoin market. It could lead more people to become interested in and involved in cryptocurrencies.”</p> 
</blockquote> 
<p style="text-align: justify"><img decoding="async" class="size-full wp-image-270502 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/10/BTC-Guncel-Fiyati-.png" alt="" width="1087" height="542"></p> 
<p style="text-align: justify">Ali Martinez also says that the price of BTC could rise further as short-term investors have already passed the profit zone.</p> 
<div class="sorumluluk_reddi" style="text-align: justify">
 <strong>Disclaimer:</strong> The information in this article is not investment advice. Investors should be aware of the high volatility and associated risks of cryptocurrencies and should conduct their own research before making any transactions.
</div>  Continue Reading: <a href="https://en.coin-turk.com/crypto-lawyer-john-deaton-evaluates-the-latest-state-of-bitcoin/" data-wpel-link="internal">https://en.coin-turk.com/crypto-lawyer-john-deaton-evaluates-the-latest-state-of-bitcoin/</a>

Crypto Lawyer John Deaton Evaluates the Latest State of Bitcoin

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