Bitcoin price has stagnated around $42,000 since the ‘sell-the-news’ cycle on the Bitcoin ETF narrative triggered a 15% retreat last week. The chart above clearly emphasizes that while BTC price has been in decline since Jan. 11, the whales have remained in accumulation mode.
In a recent statement on Fox Business, O'Leary emphasized his position as a long-term Bitcoin holder and expressed skepticism about investing in BTC ETFs
The U.S. SEC has provided positive feedback on key filings and requested no additional feedback on the paperwork for several spot Bitcoin ETF applications
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