how are you all? Hope everyone is well, Today I will talk about Bitcoin ETF, Tomorrow January 10th or January 11th Bitcoin ETF Final Deadline, what is going to happen tomorrow in Crypto Currency! Although the news suggests that Bitcoin ETF is more likely to be approved, The Valkyrie CIO 95% Sure Bitcoin ETF will begin trading next Thursday,

[Screenshot From Twitter]

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Gary Gensler, the Chairman of the SEC, tweeted today,
And I think Gary Gensler will be most happy if the Bitcoin ETF is not approved, because he is often against Crypto Currency.
Currently there is a hype going on with Bitcoin ETF, many people are sitting with USDt Stable Coin for investment.
If the ETF is rejected, the market will crash and if it is approved, then buy the coins quickly.
We all know the pros and cons of Bitcoin ETF, but we don't know that.
Let's know the cons,
Bitcoin May Crash Despite ETF Approval,
will crash,
As big companies will invest in Bitcoin, now if the ETF is approved, the price of Bitcoin will become huge.
For example if there is $45K now after approval Bitcoin could pump +7%/+9% which we saw yesterday,
Now big companies will never buy this coin at such a price, they will want to buy realtime price, they will crash bitcoin through whale or short selling, they will try to buy realtime price, because they know how much Bitcoin realtime price is!
They will never buy Bitcoin with sky-high prices.

Source

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Bank Of America Analysis shows that if someone sells $93M BTC, they will give -1% down and if they buy $93M BTC, they will pump +1%.
The second problem is for those who short trade,
Bitcoin ETF at that time Bitcoin will not go down that much, it will be difficult to get more profit from any coin, like when we buy when a coin goes down, when it pumps, we sell, but that time will not go down that much.
In one last word, think before investing in Crypto Currency, then invest, even if it's a profit, it's yours even if it's a loss!
I'm ending today here, everyone be well, Allah-Hafez