orangequant1

SEC Approval of Crypto ETFs to Crash Cryptos

orangequant1 已更新   
COINBASE:BTCUSD   比特幣
My reasoning is in the image below.
評論:
I should explain more precisely why cryptos will initially crash. Any ETF price will be correlated to the average crypto prices across exchanges. When cash flees to ETFs, the exchanges' prices will reflect this with strong downward momentum. I estimate a process of 3-4 days after first trades of ETFs, then a bottom.
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