2024

Rekt

<p>This past week, two influential crypto analysts, <strong>Andrew Kang</strong> and <strong>Rekt Capital,</strong> highlighted a confluence of potentially massive bullish catalysts for Bitcoin.</p>
<p>Kang <a href="https://twitter.com/Rewkang/status/1742011188609712263" target="_blank" rel="noopener noreferrer nofollow">notes</a> that market consensus sees ETF approval as long-term bullish for BTC price action. However, he believes the more immediate impact of frontloaded inflows is being overlooked.</p>
<ul>
 <li>ETFs bring in consistent management fees; gold ETFs generate $720 million annually, for example.</li>
 <li>Getting customers now locks in 10x+ more long-term value vs. later with crypto adoption curves.</li>
 <li>ETF issuers will thus spare no marketing expenses in an urgent land grab.</li>
 <li>Potentially rivaling 2021 apex bubble retail hype levels.</li>
</ul>
<p>Rekt Capital additionally <a href="https://twitter.com/rektcapital/status/1741974843027820971" target="_blank" rel="noopener noreferrer nofollow">highlights</a> Bitcoin’s process of breaking out of a multi-month consolidation pattern:</p>
<ul>
 <li>BTC revisited the key descending pattern before punching through resistance.</li>
 <li>Significantly more daily closes are now occurring above the level to confirm.</li>
 <li>Any throwback dips into previous resistance would fully validate the breakout.</li>
</ul>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="726" src="https://captainaltcoin.com/wp-content/uploads/2024/01/image-11-1024x726.png" alt="" class="wp-image-411743" srcset="https://captainaltcoin.com/wp-content/uploads/2024/01/image-11-1024x726.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-11-300x213.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-11-767x544.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-11-1536x1089.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-11-2048x1452.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-11-140x100.png 140w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-11-212x150.png 212w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-11-100x71.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-11-494x350.png 494w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-11-788x558.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-11.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>And finally, the 2024 Bitcoin halving continues rapidly approaching. Historically, 12–18 months of pre-halving saw BTC ignite into parabolic bull runs. This timeline syncs up perfectly with the ETF/technical catalyst combo identified.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Don’t Sleep on this Explosive Crypto Airdrop!&nbsp; <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>Install the <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="Getgrass" href="https://captainaltcoin.com/go/getgrass/" data-shortcode="true"><strong>GetGrass extension</strong></a> ASAP – the more points you score, the bigger your free crypto payoff! This red-hot airdrop could set you up for the future, but only if you <strong><a href="https://captainaltcoin.com/go/getgrass/" target="_blank" rel="noopener noreferrer nofollow">take action</a></strong> right now!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p>In summary, ETF inflows, technical breakouts, and halving hype all simultaneously converging make a compelling case for the tremendous Bitcoin price appreciation potential ahead, argued the analysts this week.</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/ethereum-price-has-clear-path-ahead-as-eth-eyes-2700-according-to-crypto-analyst-heres-his-outlook/" target="_blank" rel="noopener noreferrer nofollow">Ethereum Price Has “Clear Path Ahead” as ETH Eyes $2,700 According to Crypto Analyst – Here’s His Outlook</a></li>
 <li><a href="https://captainaltcoin.com/heres-the-recap-of-2023-in-the-crypto-and-bitcoin-industry/" target="_blank" rel="noopener noreferrer nofollow">Here’s the Recap of 2023 in the Crypto and Bitcoin Industry</a></li>
 <li><a href="https://captainaltcoin.com/ripple-xrp-vs-cardano-ada-the-battle-for-1-how-meme-moguls-mgls-is-revolutionizing-meme-coins/" target="_blank" rel="noopener noreferrer nofollow">Ripple (XRP) vs. Cardano (ADA): The Battle for $1, How Meme Moguls (MGLS) is Revolutionizing Meme Coins</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>74% of retail CFD accounts lose money.</strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy thetrades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/analyst-says-bitcoin-at-45000-feels-mispriced-for-2024-etf-inflows-states-btc-is-in-the-process-of-breaking-out/" rel="noopener noreferrer nofollow">Analyst Says Bitcoin at $45,000 Feels Mispriced for 2024 ETF Inflows, States BTC Is in the Process of Breaking Out</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Analyst Says Bitcoin at $45,000 Feels Mispriced for 2024 ETF Inflows, States BTC Is in the Process of Breaking Out

Mục lục

CaptainAltcoin

Các bài viết khác được xuất bản trên 2 thg 1, 2024

Machine learning algorithm sets SHIB price for January 31, 2024

Delysium Unveils Lucy — the Operating System (OS) of the “YKILY” AI Agent Network

3 Top Trending Tokens of 2024: Solana, Retik Finance, Shiba Inu

Grayscale Amends Bitcoin ETF Application, Excludes Authorized Participant Details

SOL Price Prediction: Is Solana Price Ready To Catch $200?

ORDI Price Prediction 2024: Will the ORDI Price Rise to $1,000?

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!