The hype train around a bitcoin ETF continues to build and that’s helped to to shrug off a recent pullback to rise back above $44,000. Until the ETF starts trading (or at least until it’s announced) I can’t see a reason to sell bitcoin. That pull is even stronger considering the huge year-to-date bitcoin gains are a reason to wait until after the turn of the year to sell (for tax reasons).
The December highs was $44,785 and that’s the next level to watch, with $45,000 next.
Bitcoin daily
As for the ETF, all indications point to an approval soon after the turn of the new year. From there it will likely be a fair horse…
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