Bitcoin ETF Approval Tipped to Be ‘Sell The News’ Event: CryptoQuant

BTC realized profit chart (CryptoQuant)

In bitcoin’s history, “sell the news” events are common, in 2017 BTC topped out at $20,000 after the CME listed BTC futures, and in 2021 the world’s largest cryptocurrency peaked again, hitting $65,000 after Coinbase completed its IPO before losing ground in the following months.

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