![U.S. Spot BTC ETF Approval Likelihood Raised to 65% by U.S. Spot BTC ETF Approval Likelihood Raised to 65% by Bloomberg Analysts](https://btcusa.com/wp-content/uploads/2023/08/US-Spot-BTC-ETF-Approval-Likelihood-Raised-to-65-by-678x381.jpeg)
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“For this reason, we expect topside resistance for BTC in the $45,000-$48,500 region and a possible retracement to $36,000 levels before the uptrend resumes,” QCP noted, adding that the bullish trend will likely resume ahead of April’s mining reward halving.
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