In this video, we delve into the recent news of HSBC Hong Kong offering Bitcoin and Ethereum ETFs to its clients, contributing to the growing adoption of cryptocurrencies. We discuss the significance of this development and its potential impact on the market. Additionally, we analyze the Bitcoin chart from a macro perspective, questioning whether this bullish momentum could lead to an early bull market. Join the conversation and share your thoughts on the timing of the next bull cycle. Don’t forget to subscribe for daily crypto news and analysis.
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https://www.proshares.com/press-releases/proshares-to-launch-the-first-u.s.-bitcoin-linked-etf-on-october-19
https://www.cryptotimes.io/hsbc-hong-kong-offers-bitcoin-and-ethereum-etf-to-clients/
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22 Comments
I want ADA to .15, and I’ll be wealthy in 1 1/2 years.
I like your content. I just subscribed to your channel. I feel you shoot it straight. 👍
Also, thanks, Dan. Always encouraging.
Huobi just delisted Ada. 😢
No
I think BTC will crash hard and ADA won't go down as much compared. I dunno the whole move seems fishy. I would like to see everybody thinking crypto is done and bounce out of nowhere
I LOVE IT WHEN A PLAN COMES TOGETHER. 😎
Great update ❤
Great Analysis, thank You!
It's all nice and all but unless SEC reverses course and Gensler is ousted, and the pro crypto congress pass a friendly crypto bill , then ADA is DiEd! 😢😮
Over the years when I do my TA om ADA pr BTC it always aligns with yours somewhat. But I think there's potential to break above that zone and then after halving we can see a pullback back into that same zone and then it can take off .
Bitcoin does the opposite of what the crowd is saying.
This is super dangerous and extremely bearish for the markets. No one understands this.
thanks sir, great content
🦬❤
>>Why did beginners always believe that investing in crypto and stocks is all about holding till it rises,with the recent activities in the market and recession.We should know that long term price prediction are very difficult to achieve.its better to trade short term and make profit.
THE GRAPH 🙂 $GRT lol
Appreciate you brother! Bull market doors….good reminder….618 786 right?
I wonder if the Covid crash never happened would the bull run started early that time?
Post halving but we should see 40k this year likely within a month or two
Hello Dan,
I enjoy and follow your content closely, as I am on my own cryto/web3 journey as well.
I believe the answer as to whether the crypto bull market will begin prior to the scheduled bitcoin halving, anticipated next year, depends on how soon the macroeconomics play out.
Historically, the crypto market bull runs have followed the bitcoin halving cycles. However, I suspect we may see the start of the next bull run begin sooner this cycle. A large reason for this is FOMO. Retail as well as institutional investors will not want to be late to the party.
Those are future ETF. But at least the government is open doors to biction now.