Bitcoin’s price chart looks similar to when spot Bitcoin ETFs were launched in the United States — suggesting a breakout soon, though there are some differences this time around.) recent decline has some similarities to its behavior post-United States ETF launch in January, with one trader suggesting that this could mean an upswing in the “next week or so.
Hong Kong’s ETF launch also comes just after the Bitcoin halving — which often comes with a period of “sideways” price action — along with continued heightened tensions in the Middle East and the United States Federal Reserve extending its period ofon X that this is a high figure considering the size of Hong Kong is approximately “1/168th the size of the U.S.”
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