Rewrite the following paragraph a bit shorter: Bitcoin continues to grow during trading sessions. Currently the largest cryptocurrency is approaching the price range of 36,000 USD.
According to observers, Bitcoin price has recently had impressive growth because there are many rumors about the birth of a Bitcoin spot exchange-traded fund (ETF). Accordingly, it is expected that this fund will attract more inflows, allowing more investors to buy Bitcoin without directly transacting.
Bernstein analysts predict Bitcoin's value will increase significantly, potentially reaching $150,000 by mid-2025 from its current price of $35,000. This bullish prediction surpasses Bitcoin's all-time high of $67,000 and hinges on the possibility of approval of a Bitcoin exchange-traded fund (ETF) by the Securities and Exchange Commission (SEC) in the first quarter of 2024.
According to observers, Bitcoin price has recently had impressive growth because there are many rumors about the birth of a Bitcoin spot exchange-traded fund (ETF). Accordingly, it is expected that this fund will attract more inflows, allowing more investors to buy Bitcoin without directly transacting.
Bernstein analysts predict Bitcoin's value will increase significantly, potentially reaching $150,000 by mid-2025 from its current price of $35,000. This bullish prediction surpasses Bitcoin's all-time high of $67,000 and hinges on the possibility of approval of a Bitcoin exchange-traded fund (ETF) by the Securities and Exchange Commission (SEC) in the first quarter of 2024.
Comment:
Everything is on the right track. BTC has fallen
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