Good morning everyone today I wanna share an analysis regarding bitcoin ETF and this is most important, especially for traders from a fundamental perspective. After this bull season, we will not be able to earn like we have earned before in the crypto. This is not guaranteed but there is a possibility. It will grow slowly like you see silver. Momentum of silver is slow and this is what will happen with the bitcoin. They are not going to give you easy profit and before that, they want to take your bitcoin at a cheap price. Blackrock, fidelity, Invesco, Wisdom Tree, Global X, Dark Invest, valkyrie, and Bitwise. These are the companies who applied for the Bitcoin ETF.
The US dollar is floating outside because of blockchain technology and and US government losing control. It is impossible to control the bitcoin like you can't control the internet technology. So the US itself placed Blackrock for bitcoin ETF. One by one SEC targeted the crypto companies such as Coinbase, Binance, and xrp. So because of this some crypto companies moving their headquarters to other countries Like coinbase wants to move its headquarter to Ireland, and Binance said that it wants to work in UAE. So crypto is the money of the internet and Can be controlled anywhere in the world.
Now when these companies move outside then US money may start going outside. Here they thought that there was no use in suppressing these things so why not approve the ETF? This way they will get their money back in the US. so this is preplanned by the US and BlackRock. This is also beneficial for people because BlackRock and other companies that applied for ETF are providing security. So if you understand this whole thing then now come to the topic that I have said in the title so that you can relate to it.
After the Bitcoin ETF is approved, institutional investors will arrive to invest in Bitcoin because the volatility will be less. We are making money now because of the higher volatility in bitcoin. Do you know what BlackRock is doing with gold when the gold price gets momentum they open a short position because they have funds and this way BlackRock controls the gold price. Similarly, BlackRock will do with bitcoin which means you will not get volatility like you got in the past. Less volatility means less earnings. And if it is too low then it will buy it and raise it. So this way Blackrock will control the price because this is not a small company and they have lots of funds.
What makes the crypto market different? It's volatility. So now you will not be able to see volatility after ETF approval. So this is just analysis and speculation and this will surely happen or not I can't say. But we have to prepare for it earlier and accumulate crypto as much as we can because maybe this will be the last chance for us to earn big profits. It may take you 10-15 years to earn the profit that you used to earn in 2-3 years because the volatility will not be that much. So this is what I want to share and I hope you understand the thing that I wanted to explain to you. If you have any doubts or questions then share a comment below. Reblog and Share this post on Web 2 social media. Have a good day ahead.
Thank you, everyone.
Lucky Ali