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â— Investors seeking the finest cryptocurrency investments are turning to Rebel Satoshi as their best coin to invest in.
â— Bitcoin (BTC) may rise to $48,500 before the end of the year.
â— Dogecoin (DOGE) may ride on the impending bull run to reach $0.1559.
The US SEC recently met with Fidelity Investments to discuss details of the Spot Bitcoin ETF, and this has created a buzz among Bitcoin enthusiasts. Meanwhile, the recent activities of DOGE whales have also raised a few eyebrows. However, as these projects recover following a downturn, market experts have identified newcomer Rebel Satoshi as a convenient money spinner. Read more to know why.
Bitcoin Price Prediction: Impending Spor ETF May Cause A BTC Surge
In a meeting held with Fidelity Investments on December 7, the United States Securities and Exchange Commission sought further clarification regarding Fidelity’s spot Bitcoin exchange-traded fund (ETF) application. The discussion involved two representatives from Cboe BZX Exchange, six SEC personnel, and nine Fidelity personnel, delving into the intricacies of the application.
As of December 7, the value of BTC was $43,292, but it rose to $43,725 on December 9, representing a marginal 1.00% increase. Regarding the BTC price prediction, market analysts are quite bullish about Bitcoin because of the possible approval of the spot Bitcoin ETF. Thus, they predict that BTC will rise to $48,500 by the end of the year.
Conversely, other experts predict a dip for BTC due to signals from technical indicators. Based on their analysis of BTC’s recent price action, they predict that BTC will dip to $42,292 by mid-December.
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Author: Crypto Daily