Bitcoin Kickstart January in style

[Palazodeen]

In the last quarter of 2023, BTC enjoyed significant gains and analysts projected 2024 as another bull year due to ranging factors of which Bitcoin halving and approval of the Bitcoin spot ETF are most significant.

Blackrock announcement about the approval of the spot ETF over the weekend could be the catalyst that have triggered the market in the first day of year 2024 with BTC and global marketcap up by 6% respectively and currently trading above the $45k mark.

While many are anticipating bullrun to kickstart after the Bitcoin halving, I have a feeling there could be a twist to this year's bullrun as it may not completely depend on the factors listed above. It's also important to note that the US interest rate is on a decline which is a good thing that could drive investors to opt for crypto. What do you think, let's discuss.

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[Yamane_Keto]

This week will be full of bitcoin ETFs topics. I have already read two topics, and if you search the forum, you will find more of them. Therefore, it is best to collect all of these topics in one place and wait. They are all for several days and we will see if they are approved or not.

[Yaunfitda]

This week will be full of bitcoin ETFs topics. I have already read two topics, and if you search the forum, you will find more of them. Therefore, it is best to collect all of these topics in one place and wait. They are all for several days and we will see if they are approved or not.

Yeah, it will be dominated by Bitcoin Spot ETF approval for sure. And we have like something that we expect to get approval this month or at least in the first week that's why the price suddenly goes on to above $45k.

So what a way to start this year and in the next couple of months, we will be having the activity that we all have been waiting for and that is the block halving.

And we all know that this is the catalyst for the eventual bull run this year so everything look good at the start of 2024.

[ZAINmalik75]

This week will be full of bitcoin ETFs topics. I have already read two topics, and if you search the forum, you will find more of them. Therefore, it is best to collect all of these topics in one place and wait. They are all for several days and we will see if they are approved or not.

Yeah, it will be dominated by Bitcoin Spot ETF approval for sure. And we have like something that we expect to get approval this month or at least in the first week that's why the price suddenly goes on to above $45k.

It is true that Bitcoin Spot ETF approval is one of the factors contributing to price gaining and having the ability to change the market dynamic but now currently the Bitcoin price is moving upward and testing the 45k resistance due to the rumors of Bitcoin Spot ETF approval. Despite the fact that it was just a rumor that today will be Bitcoin Spot ETF approval, this rumor is just to make a panic possible here or do liquidation.
 
And those who say that Bitcoin price can surge up to $50,000, so this is just a trap for liquidation. In fact the Bitcoin spot ETF approval will be on January 10 or next week, so then it is possible that the price of Bitcoin can go up to $50,000. Currently, the rise in the price has been seen because of a tweet. in which Galaxy CEO and Spot Bitcoin ETF applicant say Big things are coming, and that's what people thought meant the date, i.e., January 2. Bitcoin Spot ETF approval.

[KingsDen]

In the last quarter of 2023, BTC enjoyed significant gains and analysts projected 2024 as another bull year due to ranging factors of which Bitcoin halving and approval of the Bitcoin spot ETF are most significant.

Blackrock announcement about the approval of the spot ETF over the weekend could be the catalyst that have triggered the market in the first day of year 2024 with BTC and global marketcap up by 6% respectively and currently trading above the $45k mark.

While many are anticipating bullrun to kickstart after the Bitcoin halving, I have a feeling there could be a twist to this year's bullrun as it may not completely depend on the factors listed above. It's also important to note that the US interest rate is on a decline which is a good thing that could drive investors to opt for crypto. What do you think, let's discuss.

One thing I like about bitcoin of these days is that it obeys predictions. I mean all the projections about bitcoin last year has happened and we shouldn't be surprised if the projects for this year will still happen. The most amazing happening is the ability of bitcoin to clutch and remain in the 45k range the first day of 2024.
There has been news circulating bitcoin this time around and these news will make or mare bitcoin price projections. There are more positive to rise the price than negative. For instance;

• Halving and the accompanying bull run
• BlackRock and spot ETF approval 
• The US interest rate and more

So, we should hope for the best in the coming months

[Jegileman]

In the last quarter of 2023, BTC enjoyed significant gains and analysts projected 2024 as another bull year due to ranging factors of which Bitcoin halving and approval of the Bitcoin spot ETF are most significant.

Blackrock announcement about the approval of the spot ETF over the weekend could be the catalyst that have triggered the market in the first day of year 2024 with BTC and global marketcap up by 6% respectively and currently trading above the $45k mark.

While many are anticipating bullrun to kickstart after the Bitcoin halving, I have a feeling there could be a twist to this year's bullrun as it may not completely depend on the factors listed above. It's also important to note that the US interest rate is on a decline which is a good thing that could drive investors to opt for crypto. What do you think, let's discuss.

The way the market moves and reacted from the first day of the new year gave me a lot more enthusiasm about bitcoin and I have strengthened my confidence in the currency more than before. The market just keeps moving like many experts have predicted and it doesn’t look like something that will go against that path anytime soon.

I heard of a speculation in the past that if spot Bitcoin ETF gets approved, we could witness a bull run two times. One before the halving if Bitcoin ETF gets approved and the other one will come after the halving as it normally does after every halving cycle. I’m very much optimistic about this speculation and if the spot Bitcoin ETF gets approved, that should be expected to trigger the market a lot before the halving event takes place.

[PrivacyG]

This is an awesome month for the speculators and even more so for the Rich people.  We all know it is not going to be hard to make money as a Rich person with connections.  Keep rumors as rumors and do not act on them unless it is obvious they are true and legitimate.  Other wise they can be extremely misleading and damaging.

Best news to all of us is that it does not matter if the ETF is approved or not.  Bitcoin has performed excellently well even with all the times the ETF has been declined.  Worst case we get is Bitcoin continues the trend like it has done in the past.  Best case we get is it performs even better.

[EL MOHA]

I heard of a speculation in the past that if spot Bitcoin ETF gets approved, we could witness a bull run two times. One before the halving if Bitcoin ETF gets approved and the other one will come after the halving as it normally does after every halving cycle. I’m very much optimistic about this speculation and if the spot Bitcoin ETF gets approved, that should be expected to trigger the market a lot before the halving event takes place.

Yes we are definitely going to see a little pump between now and second quarter of the year which bitcoin halving will take place but this wouldn’t be regarded as a bull run because not much of a pump will happen. We might even see a price drop if the ETF is even postponed or not approved, although all indications suggest it wouldn’t be disapproved. Nonetheless my focus on just anything that happens is that the real bull run will happen some months after the bitcoin halving in April.

The pump that will happen after ETF approval will just be as a result of hype and that wouldn’t last so my bull run remains after halving

[bluebit25]

With a lot of attention being paid to ETFs in front of us, I recently learned about a news, Stephen Weiss - Founder of Short Hills Capital Partners: "I don't believe in Bitcoin. I still see no use case other than speculation..." https://twitter.com/BitcoinNewsCom/status/1742281393210618271

This is not all bad news, we are seeing some pre-news 'Sell The News' phenomena, which should ease the selling pressure once the ETF is approved. And I also very much agree with the view that if the Bitcoin ETF is not approved, the price will decrease but Bitcoin does not need an ETF, the price will recover because there are people who really have faith in Bitcoin.

[panganib999]

In the last quarter of 2023, BTC enjoyed significant gains and analysts projected 2024 as another bull year due to ranging factors of which Bitcoin halving and approval of the Bitcoin spot ETF are most significant.

Blackrock announcement about the approval of the spot ETF over the weekend could be the catalyst that have triggered the market in the first day of year 2024 with BTC and global marketcap up by 6% respectively and currently trading above the $45k mark.

While many are anticipating bullrun to kickstart after the Bitcoin halving, I have a feeling there could be a twist to this year's bullrun as it may not completely depend on the factors listed above. It's also important to note that the US interest rate is on a decline which is a good thing that could drive investors to opt for crypto. What do you think, let's discuss.

Meh. We have been talking about Bitcoin ETFs and bitcoin spot ETFs as early as 2014 and we have yet to encounter a successful one. Don't want to sound like the pessimistic clown in the thread but I don't feel like the ETF, whether rumored or true, is going to give bitcoin the rightful push it needs if it wants to shoot for 100k this year or the next. It just doesn't have that flavor per se, unlike past reasons for bitcoin's ATH shots like Tesla buying off a significant amount of bitcoins in one go and going on a campaign to tell the whole world bitcoin is the future of currency, those kind of stuff makes more sense to be the reason for bitcoin's pumping, this one doesn't.

I'm guessing the only reason why we're getting this massive pump in coin value is due to the fact that people are becoming more confident about bitcoin's longevity and price security, they realize that with something as financially secure and safe as bitcoin, there's no such thing as down time really. Or I can be wrong and it is really all about the ETF.

[avp2306]

In the last quarter of 2023, BTC enjoyed significant gains and analysts projected 2024 as another bull year due to ranging factors of which Bitcoin halving and approval of the Bitcoin spot ETF are most significant.

Blackrock announcement about the approval of the spot ETF over the weekend could be the catalyst that have triggered the market in the first day of year 2024 with BTC and global marketcap up by 6% respectively and currently trading above the $45k mark.

While many are anticipating bullrun to kickstart after the Bitcoin halving, I have a feeling there could be a twist to this year's bullrun as it may not completely depend on the factors listed above. It's also important to note that the US interest rate is on a decline which is a good thing that could drive investors to opt for crypto. What do you think, let's discuss.

The good thing I see when January month start is the price of bitcoin reached at $45k aside from that nothing else happened yet. But I guess this ETF discussion will go more further as their are a lot of people keep discussing everything about that topic and there are some believe that it will get approve since Blackrock has strong stands against its acceptance.

But we also need to get prepared for its disapproval since we already see a lot of it and next thing happen is the dumping of bitcoin so to avoid any huge further loss for this event we must follow the current ETF update and don't miss any news so that we could provably what to do next.

[taufik123]

Of course there will be a difference in Bullrun on the 4th halving which will happen soon.
Each bitcoin trend that occurs has differences that are adjusted to the current market situation.
How ETF regulations will affect and US interest rates that fall so that the price of Bitcoin is getting better.

The evidence that Bitcoin reaches a price of $45++ in early 2024 makes the bitcoin trend even more positive.
this proves that investor interest is increasingly volatile and increasingly believes in Bitcoin

There will indeed be many other factors influencing bitcoin's trend and bulls this year.
Looking at how Bitcoin will perform in 2023, more positive trends are occurring.
With Bitcoin's total increase of 108.74%, 2023 will be the best year since the last ATH was reached.


https://bitcoinmonthlyreturn.com/

[JariKriting]

usually in January before halving. the price of bitcoin will always continue its uptrend aka the price of bitcoin will continue to rise until halving 1 year later. only after 1 year of halving bitcoin will start to fall and to a low price point. before starting to rise again.

[Fundamentals Of]

This could be part of the buy the rumor sell the news strategy. The approval is not happening yet. But it seems the rumor is strongly on the side of approval rather than rejection. Many are probably bullish because of this. Ads about Bitcoin are rising here and there. There are reasons to believe that institutional money is coming in soon. So it's wise to just start the buying now.

The difference this time is that they might not really sell the news because the upcoming halving will still have to be factored in. The season is bullish but there's a more bullish season to come.

[Yamane_Keto]

This week will be full of bitcoin ETFs topics. I have already read two topics, and if you search the forum, you will find more of them. Therefore, it is best to collect all of these topics in one place and wait. They are all for several days and we will see if they are approved or not.

Yeah, it will be dominated by Bitcoin Spot ETF approval for sure. And we have like something that we expect to get approval this month or at least in the first week that's why the price suddenly goes on to above $45k.

It is true that Bitcoin Spot ETF approval is one of the factors contributing to price gaining and having the ability to change the market dynamic but now currently the Bitcoin price is moving upward and testing the 45k resistance due to the rumors of Bitcoin Spot ETF approval.

I chose to stay away from all Bitcoin Spot ETFs approval news for this month. In any case, the price will move forward, whether this movement is fast due to approval or slow due to the price direction. Therefore, even if approval is not achieved, there will be a correction, and after the price rebounds from the correction, we will be at the same levels by April. So no need to panic or FOMO.

[Kemarit]

This could be part of the buy the rumor sell the news strategy. The approval is not happening yet. But it seems the rumor is strongly on the side of approval rather than rejection. Many are probably bullish because of this. Ads about Bitcoin are rising here and there. There are reasons to believe that institutional money is coming in soon. So it's wise to just start the buying now.

The difference this time is that they might not really sell the news because the upcoming halving will still have to be factored in. The season is bullish but there's a more bullish season to come.

I do agree, I might be thinking that there is some kind of manipulation as the the price hike doesn't look like organic to me that at the start of the year the price goes off to $45,000. And it might be true, as we had a minor correction to $41,000-$42,000.

So most likely t hey have used the strategy of "buy the rumor, sell the news" strategy and it is still effective as they used the approval of ETF to sell it, and then somewhat manipulated and then pushed the price to $45,000 sell during it's hype and make a lot of money. So very effective strategy for this entities at the start of the year.

[nimogsm]

This could be part of the buy the rumor sell the news strategy. The approval is not happening yet. But it seems the rumor is strongly on the side of approval rather than rejection. Many are probably bullish because of this. Ads about Bitcoin are rising here and there. There are reasons to believe that institutional money is coming in soon. So it's wise to just start the buying now.

The difference this time is that they might not really sell the news because the upcoming halving will still have to be factored in. The season is bullish but there's a more bullish season to come.

I agree with your version. Many thought that the year would start only with good news and there would only be growth until spring, but the market is very unpredictable and today’s situation has once again proven that you should not believe rumors. I think now there will be a general adjustment in fixed assets on the market and later when it becomes clear that it will be possible to predict anything with the future etf.

[Nrcewker]

Yesterday Bitcoins were at 45k usd. Really it impressed all the long term holders. Many people sold their coins also in this price. This led to decrease in demand, and once again the price fell down to 42k usd. I guess this is the hint that something big will happen soon. Definitely this year Bitcoins will cross 70k usd mark, and January gave us this hint. So it will be better if we start buying the coins at current price. We can easily make 2x profit this year as many are predicting.

[Odohu]

This week will be full of bitcoin ETFs topics. I have already read two topics, and if you search the forum, you will find more of them. Therefore, it is best to collect all of these topics in one place and wait. They are all for several days and we will see if they are approved or not.

Bitcoin thrives on news just like every other market, so the news of the ETF will shape the market behaviors at least for the interim until another strong news comes out. I personally believe that the ETF is something positive for Bitcoin considering the inflow of fresh capital that will follow such approvals. This will lead to an unprecedented surge in price before the market gets saturated once again. Those of us who are already holding Bitcoin will be the best favored.

What is not certain now is what the combined effect of the ETF approval and halving will do but there are chances it will lead to early bull run that we are already seeing even before 2025 that it was expected according to the market cycle.

[kotajikikox]

In the last quarter of 2023, BTC enjoyed significant gains and analysts projected 2024 as another bull year due to ranging factors of which Bitcoin halving and approval of the Bitcoin spot ETF are most significant.

we are still in waiting of Bitcoin Spot ETF approval and we are near the time so if this will come to better result and positive outcome then indeed that this coming halving will bring great result to bitcoin community.

Yesterday Bitcoins were at 45k usd. Really it impressed all the long term holders. Many people sold their coins also in this price. This led to decrease in demand, and once again the price fell down to 42k usd. I guess this is the hint that something big will happen soon. Definitely this year Bitcoins will cross 70k usd mark, and January gave us this hint. So it will be better if we start buying the coins at current price. We can easily make 2x profit this year as many are predicting.

so Thats only correction mate? i thought that this is manipulation in which big holder/investors are making the market moving to bring them profit from other losses.