This is the beginning of the end of smart bears in the form of The ProShares Short Bitcoin Strategy.

in #crypto2 years ago (edited)

Don't see the chart? And he is!

This is the beginning of the end of smart bears in the form of The ProShares Short Bitcoin Strategy Longists were planted with a similar tool for $60,000-69,000, if you remember.
If anyone did not understand, then on the news about the futures ETF, Bitcoin reached 65,000 - 69,000 in the fall of that year. At that time, I was also writing a video with a preview of “ETF EVIL” and stuff like that, because I considered it a harbinger of a dump.

What was the news:

ProShares Launches Bitcoin Futures ETF

$1 billion trading volume

There has been a lot of hype pumping into BTC at market peaks, including this ETF.

And now:

Bear ETF. ProShares plans to launch the ProShares Short Bitcoin Strategy ETF as early as tomorrow to allow investors to bet on the decline of the largest cryptocurrency
https://cryptohamster.org/etf-fyuchersov-na-bitkoin-debyutiruet-s-sa/

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Original article is given below;

https://www.comparebitcoinexchange.com/crypto-tax-regulation-in-thailand/