There doesn’t appear to be anything that can keep bitcoin from its current inexorable climb towards the heavens. Money is pouring in from the Spot Bitcoin ETFs and there seems to be no let up.
$BTC is unstoppable
$BTC is on an unstoppable trajectory up and to the right. Each time the analysts warn of an impending correction, the price just ignores all reason and continues to surge.
Source: Coingecko/Trading View
Corrections do happen of course, and the ‘sell the news’ event after the announcement of the Spot Bitcoin ETF approval was a good example. This 21% retrace helped to reset the market somewhat, even though a bigger correction would have been healthier.
That said, the market does what the market does, and now we have surpassed that yearly high of $49,000 and are heading north at a rapid pace. With all the money that is pouring in from the Spot Bitcoin ETFs, it is hard to see how this ascent slows, let alone stops.
This time is different
It is starting to look like “this t
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