I have a lot of Faith in the US ETFs, this for Bitcoin could Mean a big price increase , and if we Add it to what this December can cause, some say it could reach more than $40k , which seems very well to Achieve, I see it as quite Viable:
The current nine-week streak of inflows reflects broader market optimism, partly fueled by the anticipated launch of a Bitcoin ETF in the US. Total assets under management (AUM) for digital asset products have soared to $45.3 billion, the highest in over one and a half years, driven by both price increases and new investments.
Original Source:
https://cryptobriefing.com/crypto-largest-institutional-inflows-2021-bitcoin-etf-expectations/How to forget the FUD or one of the main characters:
Gold's rally overlooked? The price of gold recently surpassed a significant milestone, crossing the $2,000 per ounce mark, driven by factors such as a weakened U.S. dollar and expectations that the Federal Reserve's interest rate hikes may be nearing their end. This achievement, according to market strategists, reflects a bullish outlook for gold, further fueled by a softer dollar and the pause in rate hikes. Despite these developments, Schiff argues that major financial news networks like CNBC have been giving more attention to Bitcoin.
Read more on U.Today
https://u.today/bitcoin-hater-peter-schiff-slams-cnbc-for-ignoring-gold-rallySource:
https://u.today/bitcoin-hater-peter-schiff-slams-cnbc-for-ignoring-gold-rallyWe know that bitcoin is one of the main safe havens, but how Safe is it to put money in gold? Is it better than bitcoin? Why is only gold more widely accepted ? I don't think so , the new Generations prefer bitcoin and it is time for those who can buy more Bitcoin to do s , because they will miss out on that great train that when it starts will be difficult to take.
And all of this can give very good action on the part of the Bitcoin predictors at Cointelegraph, everything indicates that it can be bullish:
The upsloping moving averages and the RSI in the positive territory indicate that the path of least resistance is to the upside. If the $38,000 resistance is scaled, the BTC/USDT pair may climb to $40,000. This level may again act as a roadblock, but if cleared, the pair may rise to the pattern target of $41,160.
The bears will have to pull the price below the uptrend line to invalidate the bullish setup. That may open the doors for a fall to $34,800. If the price rebounds off this level, it will suggest a range-bound action between $34,800 and $38,000. The bears will gain the upper hand on a break and close below $34,800.
Cointelegraph Source:
https://cointelegraph.com/news/price-analysis-11-27-spx-dxy-btc-eth-bnb-xrp-sol-ada-doge-linkBetween the maximum and Minimum price that they can take , it can give the good price , I think it's something super cool , I couldn't deny that I prefer the $41k range.
