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coinpedia 2023-10-27 13:26:13

How Bitcoin Price Could Reach $47,000 Amidst ETF Anticipation?

The post How Bitcoin Price Could Reach $47,000 Amidst ETF Anticipation? appeared first on Coinpedia Fintech News Alex Thorn, head of research at Galaxy, discussed the potential price movement of Bitcoin, especially in the short term. He explained that the options market dynamics play a crucial role as Bitcoin’s spot price increases due to anticipation around Bitcoin ETF approval. Thorn explained that a surge in Bitcoin’s spot price, propelled by ETF anticipation, …

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