I am of the opinion that a Bitcoin ETF will not have a positive impact on the price of Bitcoin. I believe that the price of Bitcoin will remain in the range of 20K to 80K for a long time. From late 2024 to 2027, I anticipate a significant but gradual increase in value.
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With the ETF, Bitcoin transformed into a conventional asset, losing its original essence. The underlying idea has dissipated, highlighting the inherent volatility of cryptocurrencies, rendering them a poor choice as an investment class