Bitcoin Dips to 26,000: Prime Time for Smart Investors to Buy!💥

Helping EVERYONE to make better crypto investment decisions.

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👇 1) We are not surprised that the SEC has delayed any decision in approving a US-listed Bitcoin ETF based on actual Bitcoins (instead of futures). There is still a 75% probability that the SEC will approve this ETF, and intelligent market participants should expect higher prices.

👇 2) Bitcoin traded at $25,000 when Blackrock filed their ETF application and this level should remain the floor for any correction – hence, we believe any dip near that level should be bought.

👇 3) Last week, we encouraged readers to begin ‘Seizing Opportunity! Why Investors Should Buy Bitcoin Now’, when Bitcoin traded below $26,000. Since releasing our report, Bitcoin has rallied by +5%, to $27,300 but gave back those returns overnight as the SEC delayed decisions until October 2023.

👇 4) The week prior, on August 17, we had warned of ‘Chinese Yuan Devaluation? Would it be Bitcoin’s boom or bust?’ Less than 24 hours after our publication, news about the Chinese property concerns had caused Bitcoin prices to drop by -13%, something we had warned our readers about.