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$57,498.00 -0.04218
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BNB
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$529.81 0.82256
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$137.70 0.64951
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$0.4686180 4.56317
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Bitcoin
Bitcoin (BTC)
$57,498.00 -0.04218
Bitcoin price
Ethereum
Ethereum (ETH)
$3,102.87 -0.25341
Ethereum price
BNB
BNB (BNB)
$529.81 0.82256
BNB price
Solana
Solana (SOL)
$137.70 0.64951
Solana price
XRP
XRP (XRP)
$0.4686180 4.56317
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000164 0.28232
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000087 -4.84735
Pepe price
Bonk
Bonk (BONK)
$0.0000222 -5.81185
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Bitcoin
Bitcoin (BTC)
$57,498.00 -0.04218
Bitcoin price
Ethereum
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$3,102.87 -0.25341
Ethereum price
BNB
BNB (BNB)
$529.81 0.82256
BNB price
Solana
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$137.70 0.64951
Solana price
XRP
XRP (XRP)
$0.4686180 4.56317
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000164 0.28232
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000087 -4.84735
Pepe price
Bonk
Bonk (BONK)
$0.0000222 -5.81185
Bonk price
Bitcoin
Bitcoin (BTC)
$57,498.00 -0.04218
Bitcoin price
Ethereum
Ethereum (ETH)
$3,102.87 -0.25341
Ethereum price
BNB
BNB (BNB)
$529.81 0.82256
BNB price
Solana
Solana (SOL)
$137.70 0.64951
Solana price
XRP
XRP (XRP)
$0.4686180 4.56317
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000164 0.28232
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000087 -4.84735
Pepe price
Bonk
Bonk (BONK)
$0.0000222 -5.81185
Bonk price

Analyst: What false Bitcoin ETF Approval means for BTC

analyst-what-false-bitcoin-etf-approval-means-for-btc
Edited by
Markets
Analyst: What false Bitcoin ETF Approval means for BTC

YouTube analyst Crypto Banter predicts that Bitcoin is still on an uptrend despite a false SEC announcement and Gary Gensler’s clarification.

The analyst reveals the market hates uncertainty, which has led to the choppy Bitcoin price.

When considering what’s next, the analyst, joined by guest Jason Pizzino, shares in a Jan. 10 video that although the BTC market might see a correction, it doesn’t mean the market is going below $30,000 to $32,000 since the market has seen 22% corrections on its way up.

Therefore, for the market to go under $32,000, it would have to do a 35% correction, so although it isn’t impossible, the market has been relatively stable, suggesting a drop like that would be very different from what it has done in previous histories.

“The trend is still up as crazy as it seems,” Pizzino said.

Although the price is still up when looking at percentage, it’s been up from Dec. 5. It’s only 2% different from the top to the current closing price. The analyst states that although the market major swings backward and forwards for the last 36 days, or five weeks, the price isn’t that far off from the top.

When writing, Bitcoin (BTC) is at $46,532, a 0.3% decrease in the last 24 hours.