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brazaotaxirm
@brazaotaxirm
Rumors of Bitcoin ETF approval have resurfaced, potentially impacting BTC price significantly. Historically, such speculation drives short-term price surges due to heightened investor optimism, as seen with the January 2024 SEC approval when BTC briefly hit $47,000. Institutional inflows could amplify this effect—ARK Invest’s recent $80M BTC purchase signals strong interest, though $430.6M in outflows from other ETFs suggests profit-taking. Analysts predict $14B–$100B in inflows within 1–3 years post-approval, potentially pushing BTC prices higher long-term, despite initial volatility. Market sentiment remains bullish, but sensitivity to regulatory news persists.
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