📢 Gate廣場 #MBG任务挑战# 發帖贏大獎活動火熱開啓!
想要瓜分1,000枚MBG?現在就來參與,展示你的洞察與實操,成爲MBG推廣達人!
💰️ 本期將評選出20位優質發帖用戶,每人可輕鬆獲得50枚MBG!
如何參與:
1️⃣ 調研MBG項目
對MBG的基本面、社區治理、發展目標、代幣經濟模型等方面進行研究,分享你對項目的深度研究。
2️⃣ 參與並分享真實體驗
參與MBG相關活動(包括CandyDrop、Launchpool或現貨交易),並曬出你的參與截圖、收益圖或實用教程。可以是收益展示、簡明易懂的新手攻略、小竅門,也可以是現貨行情點位分析,內容詳實優先。
3️⃣ 鼓勵帶新互動
如果你的帖子吸引到他人參與活動,或者有好友評論“已參與/已交易”,將大幅提升你的獲獎概率!
MBG熱門活動(帖文需附下列活動連結):
Gate第287期Launchpool:MBG — 質押ETH、MBG即可免費瓜分112,500 MBG,每小時領取獎勵!參與攻略見公告:https://www.gate.com/announcements/article/46230
Gate CandyDrop第55期:CandyDrop x MBG — 通過首次交易、交易MBG、邀請好友註冊交易即可分187,500 MBG!參與攻略見公告:https://www.gate.com/announcements
Bullish Bitcoin (BTC) Price Predictions in Case SEC Approves an ETF: What You Need to Know
The Bitcoin spot ETF narrative has numerous analysts and famous figures in the crypto space debating how much BTC will be worth if the ETF gets approved.
The recent developments in the cryptocurrency market — the aftermath of the DOJ settling with Binance in $4.3 billion dealand the removal of CEO Changpeng Zhao — have sparked a re-uation of the bullish narrative surrounding the potential approval of a Bitcoin exchange-traded fund (ETF).
The Binance drama initiallyled to a dip in several cryptocurrency prices, with Bitcoin showing the most resilience and quickly rebounding to a new high for 2023.
Binance Coin (BNB) dropped 20%, while Bitcoin initially dropped by $2,000. However, the BTC price broke above $38,000, marking its highest level in over a year and a half. Its market cap surged to nearly $750 billion, reflecting a 6% weekly increase. It has retraced a bit since.
How High Could BTC Go Post-ETF Approval?
Some observers saw the regulatory move against Binance as an opportunity for regulators and lawmakers to focus on the approval of the first US spot Bitcoin ETF. But not everyone is convinced of an immediate parabolic reaction in BTC prices post-approval.
Bitcoin Jack, a popular trader, expressed doubt about BTC/USD reaching $42,000, stating that recent Binance and ETF news had failed to significantly alter market dynamics.
Highlighting potential downside targets, the trader pointed out that despite clear support levels, $30,000 might still come back into play. He emphasized the importance of high-timeframe supports as potential buy levels if a retracement occurs.
Others are taking a more extreme stance, however. Samson Mow, CEO of Bitcoin adoption firm Jan3, not only suggested that Bitcoin could hit $1,000,000 per coin following ETF approval but also claimed that those predicting anything less are in for a “pleasant surprise.”
Billions in Institutional Inflow? Most Likely
In a recent report, Coinbase predicts that final regulatory approval for a Bitcoin ETF could be a game-changer for the wealth management sector, handling billions of dollars in institutional inflows.
The exchange sees the ETF as an opportunity to attract investors who typically rely on ETFs for unique investment strategies rather than independently buying and holding Bitcoin.
In case you’re interested in more Bitcoin price predictions, feel free to check out our recent video on the subject: