Here’s why analysts say Bitcoin ETFs may ‘completely change the structure of the market’ -Breaking
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It’s now customary to (after reaching all-time highs)BTCThe Bitcoin price is beginning to cool down. There are profit taking and consolidation, as well as uncertainty coming from traders that are wary of opening up new positions at high record levels. As Bitcoin prices struggle to maintain support at $60,000, this appears to be what’s happening.
Overall, analysts continue to hold a bullish macro view regarding Bitcoin’s price trend, even though Willy Woo, PlanB, and others assert that it was $67,000 that confirmed the second-half bull market.
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