SEC Could Greenlight Bitcoin ETF In 3 Or 4 Days! (Inside Sources Reveal)

In this video, I discuss the significant news that the SEC might approve Bitcoin spot ETFs by January 2 or 3, with BlackRock, VanEck, and other asset managers updating their filings. I delve into the implications of this for Bitcoin and the crypto market, analyzing the Bitcoin charts in light of this developing news. I also address the broader context, including JP Morgan’s involvement despite Jamie Dimon’s criticism of Bitcoin, and the US government dropping charges against a notable crypto scammer. I explore how these events tie into the wider crypto landscape and question whether the potential approval of the Bitcoin spot ETF will truly impact Bitcoin’s price or if it’s already priced in. I hypothesize about Bitcoin’s behavior in the short term, considering both bullish and bearish scenarios, and express excitement about finally witnessing how the market reacts to these developments.

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It’s pretty big news for a Saturday SEC might give the green light to bitcoin spot ETF issuers by Tuesday or Wednesday that’s January 2 or the third for next week’s launches according to inside sources reported by Reuters that is pretty big I want to break it down I

Want to break down the article in the news in particular but this is the main headline Black Rock vanck among asset managers that submitted updating filings for spot Bitcoin ETF I don’t know if you’ve been on X this is Eric over here on on X just updating non-stop yesterday

Black Rock just dropped its updated S1 Valkyrie also just named two APS it just goes on bit wise S1 has been filed and just update after update after update this was what was happening yesterday and this is what we have going on now this this rumor about Tuesday or

Wednesday and maybe not a rumor maybe it’s from a source here but Tuesday or Wednesday could get the green light so I want to discuss what it means for Bitcoin crypto I do want to dig into the bit coin charts a little bit as this news is developing and as we go into

This this this New Year finally everybody One Way Or Another We’re going to figure out was this priced in all along will it be approved for sure and and how is Bitcoin and crypto markets going to finally react to all of it once it’s all done and we are just so close

Now to finally being able to to watch this play out please hit the Subscribe hit the like button on the way in your support means a ton and let’s just jump into the video so this is the news all these updates happening across the board

In terms of all of these firms and their updated filings people familiar with the filing process said issues that met their endof theee filing revision deadlines may be able to launch by January 10th the date by which the SEC is required to either approve or reject

The arc 21 shares ETF that’s the date we’ve been talking about it we’ve been waiting for it the SEC here it is the SEC May notify issuers as soon as Tuesday or Wednesday that they have been cleared to launch the following week said those sources who spoke on background given the confidential nature

Of the discussions we’re going to find out very soon everybody if this time is different this time is different the move that many people thinking will happen because of the Bitcoin spotf but will the will will it really be different even with this insanely bullish move potentially getting ready

To happen just days away this bullish news is Bitcoin just going to respect the charts respect the cycles and come back down really want to dig into the charts in just a minute but I do want to just kind of continue discussing something here this is meta law man over here on

On X all the s1s so we’re talking about all these S1 filings yesterday all the s1s for the Bitcoin ETFs using JP margan as an authorized participant participant are missing a key risk disclosure they need to advise investors that the influential CEO Jamie Diamond of their AP of their authorized participant will

Periodically Lobby Congress to ban Bitcoin do you remember this this was just weeks away earlier in the month December 6 look at this Jamie Diamond I’ve always been deeply opposed to crypto Bitcoin Etc you pointed out the only true use case for it is criminals drug traffickers anti-money Laing tax

Avoidance only true use case for criminals December 29th JP Morgan is named as an authorized participant for Black Rock Spot Bitcoin ETF the deception I don’t I I I have you all know the manipulation the corruption everything within banking within our governments that’s happening right now and we’re just

Here along for the along for the ride apparently and that is a use case uh because it is somewhat Anonymous not fully and because you can move money instantaneously and because it doesn’t go through as you you mentioned all these systems have built up over many years straight up hating on crypto

Hating on bitcoin and then there you have it so to piggy back off that Colin over here on X the US government is dropping six charges against crypto scammer Sam bankman freed including campaign Finance violations and conspiracy to commit bribery charges making bribes with stolen money

Is fine as long as that money is going to us politicians us politicians and by the way going back to this clip Jamie Diamond who’s at the beginning there’s Elizabeth Warren anti- anti- crypto Army she’s leading the charge anti- crypto Army she hates crypto she hates you and

I these people hate you and I here’s Maxine Waters she hates you and I she hates crypto blowing Sam bankman free to kiss this is this is just reality this what this is what’s going on this isn’t like and I’m venting a little bit but

Not much I mean this is just this isn’t a conspiracy or anything it’s plain as day right before our eyes they they do do it blatantly they they do not care they do not care no there there just no repercussion you know for for all of this it’s crazy they can just do

Whatever they want it is what it is but that’s that’s what’s happening and this really does have everything to do with crypto right this is all having to do with what’s happening with crypto right now so I wanted to kind of make those points as these things do develop and play out

Because I think they’re important back to this article bitcoin’s price has more than doubled this year to just under $42,000 fueled in part and here’s the here’s what I want to focus on fueled in part by expectations that the SEC will soon approve a spot Bitcoin ETF so that’s the

Question I I still ask myself and we will never know is this really fueled because of the Bitcoin spot ETF if there if if right now we weren’t in the season for the last year of Bitcoin spot ETF talk would this move not be happening that’s the

Question I think it would be do you see the consistencies on these charts coming out of these bare markets they’ve been so similar slight slightly different in terms of maybe time frame but so similar exiting the bear Market 300% gains just about 300% gains last cycle exiting the

Bear 300% gains back here in the in the cycle before that exiting the 2015 bar market like around 200% gains this time around I really think these gains would be here even if even if the Bitcoin spot ETF narrative wasn’t here now the question is is the Bitcoin spot ETF

Narrative and the fact that after all these gains and after Bitcoin is overbought the fact that we’re like days away of from potential approval will Bitcoin diverge because this is so bullish and big off of this news if it’s good news will Bitcoin Bitcoin diverge at this point meaning will it do something

Different than it has done in Cycle’s past instead of retracing now or even just sideways and then falling a little bit into these moving averages that is what is so key this could be the Bitcoin spot ETF thing macro is Big right it’s huge in terms of the continued growth of

These markets but in the short term going into this new year and in particular this new week this could be a massive fake out for markets it could be once again because we’ve been in bullish narratives and bearish narratives and Bitcoin just does the opposite we’ve been here

Before this could be the biggest biggest fake out in the short term meaning really bullish week from a news perspective Bitcoin spot ETF is is green lit right and then Bitcoin actually starts falling off of the news it could be a massive fake out a lot of a lot of

Longs could get liquidated in that environment but this is what’s exciting we’re finally this we’re we’re here I mean this green or I’m sorry this red weekly candle that I I just circled that’s it this is it we start January 1st we start January the new year and the next weekly candle

Basically and it is just so close and then the Bitcoin spot ETF approval days potentially away we’re going to finally find out well what is this cycle made of and answer the question it’s every cycle it’s going to be the question is this time different every cycle is the question and

Unironically every cycle Bitcoin the charts the consistencies on the charts they just it just says no it’s really not different this time and it just continues to do what it’s done in Cycle’s past so this is really what I’m watching from a price perspective but this is the news everybody look out for

Tuesday Wednesday and look out for a lot of speculation going into these things as well so I appreciate all of you watching let me know your thoughts in the comments below hit the Subscribe hit the like I’ll see you in the next video God bless