While the BTC price collapsed,
The BTC(Bitcoin) hashrate recorded a new ATH(All Time High) again. It seems that BTC miners know the long-term market direction 🤔
According to this article, two people familiar with spot BTC ETF(Exchange-Traded Fund)s in Hong Kong 🇭🇰, said that it's likely to be announced whether they will be approved or not next week.
If the first spot BTC ETF is approved next week, it will be sweet rain for the barren crypto market.
Additionally, the next BTC 4th halving is less 7 days left 🤯 If the good news is simultaneously coming together, the BTC price movement will be leaving this box channel 🚀
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