The Bitcoin vs EFTs the higher inflow for investors

in Steem Alliance2 hours ago

Hello frienss and family how are you doing I am good, today I am here to share my knowledge about the bitcoin vs EFTs the higher inflow for investors.

As we know that its passing the second half of the year 2024 the trends of BTC didn't show any positive changes for the investors. Although we have notice that during the month of March BTC reached at the higher value of volume $73,750 then if fallen towards $70000 and now reached at lower level of about the $61000.

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Still investors are worry as they think if BTC broken down there would be crash but previous history it wouldn't be happen band it could be wise decisions if investors tends to buy the BTC ax its below the $70000 worth.

The Bitcoin ETF story is going on?

The most significant important one is that as long the exchange traded funds or EFTs will be there, it would become the source of attracted new traders for investment.

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As the EFTs launching become evident in the start of year it tends to become a good pressure signal for the more buying of BTC, which is helpful in increase the price of BTC.

A report according to the BlackRock predicted that there would be a mega changes in large amount of assets as these are launch very soon.

Subsequently, there would be progressive changes in influx of money for the EFTs.
As the influx in BTC is observed only about 1 % it a clear indicator which shows that we will see higher influx in the EFTs, so we can say it clear that it leads to be very influential in term of longer and short term. It seems its about to be started and not far from us right now.

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But how we can forget about the halving process of BTC, it proven to become a new catalyst for the higher trends of price in coming months so no need to be worry about it as it should be clear and there is need to understand the mechanism of halving and how it would be impacted on the price in next 12 months.

Thank you for reading my post.

Kind regards

@drhira

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