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Bitcoin ETF liquidity set to surge after SEC options approval — QCP Cointelegraph 19 Oct 2024

Bitcoin ETF liquidity set to surge after SEC options approval — QCP 📈

SEC QCP Capital Bitcoin

Bitcoin's ETF liquidity is projected to rise following the SEC's approval of options, as noted by QCP Capital. This development is seen as a significant step in boosting market activity for Bitcoin ETFs.

Market analysts highlight that for Bitcoin to exit its current stagnation, or 'crab walk', a weekly price close above $68,700 is necessary, which would signify a decisive breakout.

Source: cointelegraph.com ↗

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