Finally Approved Bitcoin ETF! But why is Bitcoin still not pumping?

in Tron Fan Club8 months ago (edited)

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Assalamu Alaikum

how are you all? I Hope everyone is doing well! I was waiting to know the Bitcoin ETF Approved / Rejected News. Congratulations everyone, Bitcoin ETF has finally been approved! One of the most troubling things is that the Bitcoin market cap has gone higher. Which is Facebook/Berkshire Hathaway/Tesla MarketCap exceeds,

[Data Source Collect By google]


Many people were looking forward to know the Bitcoin ETF Result, we who are Crypto Investors, were very afraid, because if it was rejected, there would have been a huge crash in the market, because the market had crashed and even pumped several times due to the arrival of fake news.
So Today Finally Bitcoin ETF Officially Trade Starts, Although Bitcoin Hit $48k+ First,
But now Bitcoin is not so pumped! But why is Bitcoin still not pumping hard?
Its main 2 reasons are that there is a lot of Future Long trade open in the market and this is a bad side.
Because it causes Exchanger Huge Loss, Whales do a lot of short selling in the market to avoid this loss.
And the second problem is that the companies that want to invest in Bitcoin also want Bitcoin to come down and then they will invest in Bitcoin.
But hopefully when they make Bitcoin fully Bitcoin Investment they will also want Bitcoin to go up.
First liquidity will come to Bitcoin, then ALT Coin liquidity will come, then we can see ALT Coin's huge pump.
Which currently has pumped a lot to say ALT Coin,

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I have seen coins such as ARB, Metis, and Matic.
ALTCoin Session means not all ALT Coin will pump, one by one all ALT Coin will go up,
Bull Market Solana will surprise us more.
Currently, if anyone wants to make a coin investment, then I think Matic is the best.
Because this coin has not pumped much yet,
You can buy Matic if you want, because ETH Network is slow, ARB/Matic/Sol is being looked at.
So you can keep these three coins in your portfolio if you want.
Because in the future Big Project Token is coming to the market using their Blockchain,
Usecase of these coins will increase.
This will make these coins better in the future.

Disclaimer-
It is a misconception that Bitcoin ETF Approved means that Bitcoin will not crash again.
This time is also very bad because before big companies invest in the market, they will spread manipulation in the market and make the market crash at any time, so be very careful.

So this is the end of today. See you again with something new. Stay well.
Allah-Hafez

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Your article is very good. I hope you write articles like this in the future. thank you

Great update and nice looking out for us so we will cautious so big companies don't crash it's price on us.

Nice post brother. I have a suggestion for you. Don’t use copyright images. Always use copyright free images.

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