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OTCbid - Bitcoin Weekly Forecast: Could spot ETF trigger BTC rally to $50,000?

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" Bitcoin price has been consolidating for nearly a month and shows no signs of a breakout move. While the short-term noise might be easy to predict, the long-term outlook is interesting considering the opportunities surrounding a potential approval of a Bitcoin spot ETF. 

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Bitcoin ETF and its impact on BTC price

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A recent report from NYDIG explores the impact of a Bitcoin spot ETF on BTC price by drawing analogies with Gold and its ETF approval. To put it simply, the report shows that spot Bitcoin funds like Grayscale’s Bitcoin Trust (GBTC) or spot ETFs outside the United States constitute a total of $28.8 billion. Gold, on the other hand, accounts for $210 billion in assets under management (AUM) worldwide as of June.

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The research further adds that the comparison between gold and Bitcoin is “striking.” While Bitcoin is 3.6x more volatile than gold, “investors would require 3.6x less bitcoin than gold on a dollar basis to get as much risk exposure.” Based on this, it would result in nearly $30 billion of incremental demand for Bitcoin ETF. ” - Read More

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Source:​ FXstreet

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60K-100K BTC BUYER AVAILABLE

-6% Gross, -3% Net, USDT/BTC Swap, Michael J Rubin Escrow Attorney

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NEW: 60K-100K BTC @ -6% Gross, -3% Net, USDT/BTC Swap, Michael J Rubin Escrow Attorney.  - Look For Seller

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(Buyer : SABD PAZI-GAIL)

Post: 22.7.23     

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• Buyers are looking for 60K-100K BTC @ -6% gross, -3% net

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• Buyer = 3%

• Buyerside = 1.5% 

• Sellerside = 1.5%​​ ​​​​

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• PROCEDURE :

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• We're looking for a seller who can work with BOTH buyer's requirements. 

• Please note: Buyer A and B want to engage the same seller simultaneously.  There should not be a restriction that forces A and B buyers to choose separately.  

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• BUYER A: 60K BTC

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•  60,000 BTC. Must follow the schedule below;  

• Schedule for buyer A starting tranche 1 - 2 coin only 1 time in 1 day only.

• Followed with next day starting tranche 3 coins 10 times

• Until 500 coins 10 times per day. So that total 60k BTC will exhausted tranches within 14 days.

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• BUYER B: 100K BTC

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• Big volume buyer. Up to 1,000-5,000 Coin possible /Daily    Minimum  100K total within 20 days  Payment in USDT from Buyer's Attorney trust account in San Francisco (no seller's Escrow accepted).  

• Buyer uses Michael J Rubin escrow attorney.

• Payment USDT.

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• SELLER MANDATE ONLY

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Interested parties should contact :

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• OTCbid@gmail.com

• DM Raymond Chai (on Linkedin)

• Telegram: +1 (786) 632 8577

• T.me/otc_bid

• OTCbid.com