This is what happened to the market where the investors keeps on selling after the approval of ETF. Despite such good news the collapse of market is a concern for many people and many investors are shocked and needs the answer for it.
Remember that in the crypto market one thing is more often that sell the news and buy the hype. Be greedy when others are fearful and be fearful when others are greedy. This is how this market goes on.
Remember that few months before the price of Bitcoin was under $30K and it suddenly started rising despite any such good news.
Even there was no such discussions about ETF approval but still the market keeps on going upside.
This is how insider news takes the market upside. Wise investors and ETF themselves were buying #bitcoin at that moment and we keep on watching and celebrating about the bullishness of the market.
They keep on filling their bags and we keep on selling our holdings. But when we see that ETF has approved we start buying and they find a better opportunity to sell their holdings and individuals keep on buying.
This is how the market runs and you need to know about all these in order to make profit. Anyway, there is halving coming which will be at the month of April.
So, sooner another buying pressure will come which is again the movement of the halving news. You and I must be cautious about it and must grab a better opportunity this time.
THE ABOVE IMAGE IS TAKEN AND DESIGNED IN CANVA
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