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Here’s why analysts are saying ‘No FOMO’ ahead of Bitcoin’s ETF launch By Cointelegraph

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This is the moment crypto traders have waited for. A ProShares Futures BTC ETF based on Bitcoin is set to go live at the opening bell of Oct. 19. Analysts predict that other ETFs will follow in the next week.

From Cointelegraph Markets ProAnd TradingViewIt is evident that bears attempted to lower the price to $60,000 in the early hours of the morning, but traders fought back. At the time this article was written there is still a tug-of-war between $61,000 and $62,000.

1. Day chart of BTC/USDT Source: TradingView
1-day chart. Source: Twitter