Member-only story

Bitcoin, Ethereum, and Ripple Price Predictions: Investors Prepare to Sell on ETF News

Mr. Plan ₿
3 min readOct 19, 2021

The price of Bitcoin is under a shadow of uncertainty, since history may repeat itself.
The Bitcoin Futures ETF catalyst is putting the Ethereum price at risk.
The SEC continues to cause fundamental uncertainty for the XRP price, as well as technical weakness.

The price of bitcoin has traditionally dropped when a new derivative futures contract is launched. Will this pattern of conduct persist? Ethereum’s price is struggling to break through the $4,000 barrier, and it may be held back pending any Bitcoin downturn. The price of XRP is still in a technical bear flag, but it is approaching a crucial time cycle that might lead to dramatic price movement.

The United States Securities and Exchange Commission (SEC) has authorized the first Bitcoin Futures ETF.

The price of bitcoin has increased dramatically since the beginning of October — but can this trend continue? The first day of trading for the first Bitcoin futures ETF (NYSE ticker: BITO) authorized by the SEC is Tuesday. The ETF approval is a significant indicator that Bitcoin is one step closer to becoming a more legitimized asset class, and one step closer to the eventual…

--

--

Mr. Plan ₿
Mr. Plan ₿

Written by Mr. Plan ₿

Passionate about personal development and investments, I share valuable insights for your success. For collaboration contact us vremaroiua.medium@gmail.com

No responses yet