The European Bitcoin ETF And How It Affect Cryptocurrency Adoption

avatar of @hironakamura
Anonymous writer
2 min read


So seems the world is finally waking up to crypto assets and it’s importance, with the Europe preparing launch of the bitcoin(BTC) exchange- traded fund (ETF) which is set to happen later this month. A crypto analyst who goes by the name Michaël van de Poppe says - Bitcoin ETF in Europe set to launch this month. Not only the US is ramping up, but also, finally, we’ll be getting one in Europe. More and more we’re waking up with Crypto.

The crypto analyst predicts that this will be an influential to bitcoin bullish momentum which he pegging at $38,000 trading price- Bitcoin holds $30,200 and most likely will start looking at range high again. Another test and we’ll have a swift breakout to $38,000. Bitcoin ready to break upwards.

Back to support, all liquidity taken (and fairly said, if we drop sub $30,000, we’ll crack towards $29,300 but that seems an overcrowded trade.) Back above $30,500 and we’ll fly to range highs and things like LTC should take off.

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