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BTC $76,851.97 -0.20%
ETH $2,132.61 +0.61%
BNB $643.23 -0.41%
XRP $1.39 -0.86%
SOL $85.12 +0.05%
TRX $0.3568 +0.50%
DOGE $0.1044 -2.28%
ADA $0.2516 -0.26%
BCH $377.54 -2.62%
LINK $9.67 +1.23%
HYPE $47.18 +2.96%
AAVE $89.17 +0.41%
SUI $1.06 +0.85%
XLM $0.1469 -2.06%
ZEC $572.50 +8.80%

Greeks.live researcher: Every dip before the official approval of the Bitcoin spot ETF is a good buying opportunity

2023-11-25 14:07:10
Collection

ChainCatcher news, Greeks.live macro researcher Adam posted on social media that after the monthly settlement, the price of Bitcoin surged again, briefly breaking through $38,000 to reach a new high for the year; it brought the Dvol, which had plummeted to 51% after the settlement, back to the recent average level of 54%.

Currently, the market is very optimistic about the approval of the (Bitcoin spot) ETF in Q1 next year, with Skew significantly positively biased for over a month, and market expectations have gradually become more aligned. Before the ETF is officially approved, every dip is a good opportunity to accumulate positions.

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