Bitcoin ETF

Bitcoin

Spot

<ul> 
 <li>Doctor Profit’s cryptic forecast sparks intrigue in Bitcoin ETF approval speculations.</li> 
 <li>Crypto community divided as renowned analyst predicts Bitcoin ETF rejection in January.</li> 
 <li>Anticipation builds for a positive Bitcoin spot ETF approval later in the year.</li> 
</ul> 
<p>In the midst of the fervor surrounding the potential approval of the Bitcoin spot ETF, renowned crypto and bitcoin price analyst, <a href="https://twitter.com/DrProfitCrypto" target="_blank" rel="noreferrer noopener nofollow">Doctor Profit</a>, known for his accuracy, has stirred the conversation with intriguing predictions about the future of ETF approvals.&nbsp;</p> 
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   <p lang="en" dir="ltr">Everyone following US ETF market<br><br>What if I tell you China ETF loading ?<br><br>Things are bigger than you expect, things take time and I we can see many approvals this year, but not in January.</p>— Doctor Profit 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1e8-1f1ed.png" alt="🇨🇭" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@DrProfitCrypto) <a href="https://twitter.com/DrProfitCrypto/status/1743981172022030338?ref_src=twsrc%5Etfw">January 7, 2024</a>
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<p>In particular, he says the community should be looking beyond the US ETF market. Addressing the crypto community, he cryptically hints at a China ETF in the works, suggesting a significant development beyond expectations, albeit not in January.</p> 
<p>Contrary to the widespread anticipation of a Bitcoin ETF approval on January 10th, Doctor Profit boldly asserts a rejection, warning of impending losses. Despite this seemingly bearish outlook, he maintains confidence in an eventual Bitcoin ETF approval, not only in the USA but also in China. These statements leave the crypto community both intrigued and divided.</p> 
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   <p lang="en" dir="ltr">People calling for ETF approval on 10th ?<br><br>Let me tell you it will be rejected, blood.<br><br>Many will lose money on 10th, mark my words</p>— Doctor Profit 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1e8-1f1ed.png" alt="🇨🇭" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@DrProfitCrypto) <a href="https://twitter.com/DrProfitCrypto/status/1743980089719640139?ref_src=twsrc%5Etfw">January 7, 2024</a>
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<p>Doctor Profit’s remarks fuel speculation among some crypto enthusiasts who suspect ulterior motives, such as <a href="https://cryptonewsland.com/planned-altcoin-dump-ahead-of-potential-bitcoin-etf-approval/" target="_blank" rel="noreferrer noopener">market manipulation</a> and <a href="https://cryptonewsland.com/grayscale-chairman-barry-silbert-resigns-amid-speculation-on-bitcoin-etf-approval/" target="_blank" rel="noreferrer noopener">potential insider trading</a> causing delays in the anticipated ETF approval.&nbsp;</p> 
<p>The crypto community remains on the edge, navigating through the negative speculations, yet maintaining an optimistic outlook for a positive green light for <a href="https://www.coindesk.com/markets/2024/01/05/if-a-bitcoin-etf-is-approved-heres-what-may-happen/" target="_blank" rel="noreferrer noopener nofollow">Bitcoin spot ETF approval</a> later in the year. Despite the skepticism and varied opinions, there’s a prevailing expectation that once the approval materializes, Bitcoin (BTC) and other altcoins will experience a rapid surge in value.</p> 
<p>As the crypto world awaits regulatory decisions, Doctor Profit’s predictions add a layer of uncertainty, making the journey toward ETF approval a topic of intense speculation and intrigue within the community.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4> 
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<p>The post <a href="https://cryptonewsland.com/accurate-bitcoin-price-analyst-predicts-bitcoin-spot-etf-rejection/">Accurate Bitcoin Price Analyst Predicts Bitcoin Spot ETF Rejection</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Accurate Bitcoin Price Analyst Predicts Bitcoin Spot ETF Rejection

Crypto News Land

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