• 10x Market Update
  • Posts
  • 🚀 The Potential Ramifications if SEC Rejects Bitcoin Spot ETFs Next Week

🚀 The Potential Ramifications if SEC Rejects Bitcoin Spot ETFs Next Week

Despite the widespread anticipation of SEC approval, our contrarian stance asserts that all proposals must catch up to a crucial requirement, possibly leading to rejection for ALL Bitcoin Spot ETF applicants in January.

Author

10x Research
January 03, 2024

🚀 The Potential Ramifications if SEC Rejects Bitcoin Spot ETFs Next Week

👇 1) In defiance of prevailing market sentiment, our bold prediction in 2023 foresaw a Bitcoin surge to $45,000 by Christmas, with a potential push to $50,000 by January 2024 contingent on meeting all SEC requirements for Bitcoin Spot ETFs. Despite the widespread anticipation of SEC approval, our contrarian stance asserts that all proposals must catch up to a crucial requirement, possibly leading to rejection for ALL Bitcoin Spot ETF applicants in January.

Market Updates

Become a paying subscriber of Market Updates to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In.

Important Trading alerts and risk factor analysis.:

  • • Actionable market analysis that saves you hours.
  • • Covers on-chain data, macro trends, market structure, flows, catalysts, and more.
  • • Focused on Bitcoin and top crypto assets.
  • • Get 2–5 Reports per Week. Know More. Doubt Less.
  • • Turning market insights into confident action.