Jan 2: Biggest 2023 Events & Bitcoin's Bold Surge to $45K

Bitcoin has kicked off 2024 with an assertive push toward the $45,000 mark, igniting enthusiasm and speculation across the crypto markets. This significant upward movement has caused a ripple effect, resulting in over $73 million in short liquidations as prices spiked above $45,800, catching many traders off guard and emphasizing the volatile and unpredictable nature of cryptocurrency markets. Amidst this bullish trend, traders on Polymarket are expressing a strong conviction in the regulatory sphere, with an 89% prediction of the SEC approving a spot Bitcoin ETF by January 15th. This optimism reflects a broader sentiment in the crypto community, hoping for increased legitimacy and mainstream acceptance of cryptocurrencies with potential new investment avenues opening up.

________

News Links 👇

https://www.coindesk.com/markets/2024/01/02/bitcoin-begins-2024-with-a-push-toward-45k/?_gl=1*916uzi*_up*MQ..*_ga*MTAyNzA2OTU4Ny4xNzA0MjA4NjY3*_ga_VM3STRYVN8*MTcwNDIwODY2Ny4xLjAuMTcwNDIwODY2Ny4wLjAuMA..

https://www.theblock.co/post/269881/bitcoin-price-spike-above-45800-caused-over-73-million-in-short-liquidations

https://www.coindesk.com/markets/2024/01/02/polymarket-traders-see-89-chance-of-sec-approving-spot-btc-etf-by-jan-15/?_gl=1*pm8ad3*_up*MQ..*_ga*MTAyNzA2OTU4Ny4xNzA0MjA4NjY3*_ga_VM3STRYVN8*MTcwNDIwODY2Ny4xLjAuMTcwNDIwODY2Ny4wLjAuMA..

——————————————————————

***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!

Hosted on Acast. See acast.com/privacy for more information.