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CryptoQuant CEO Ki Young Ju is naming one catalyst that he says could send the Bitcoin price into the stratosphere.
“NYSE (New York Stock Exchange) listed the first gold ETF in Nov 2004, and the price never came back. Many economic factors have affected the gold price, but listing ETF would have played a major role in the inflow of global institutional funds. We may never see this BTC price again once ETF’s approved.”
In other trending Bitcoin News today: 3 Reasons Why Bitcoin Doesn’t Care About Elon Musk! Tempers are running hot in the latest round of Bitcoin FUD, but a longer-term perspective reveals “business as usual” for BTC. Bitcoin dived 17% when Tesla CEO Elon Musk criticized its energy consumption – but it’s already bouncing back.
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
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