Sister Mumu: Bitcoin is replacing gold
The ARK Invest CEO expects this trend to continue as investors can trade Bitcoin in a more convenient way through spot Bitcoin ETFs.

The ARK Invest CEO expects this trend to continue as investors can trade Bitcoin in a more convenient way through spot Bitcoin ETFs.
Analyzing on-chain metrics provides a nuanced understanding of Bitcoin's potential trajectory post-ETF approval, hinting at heightened volatility. Caution is advised in the short term.
BTC price action is back above the 200-week moving average, but the Fed may still sour the mood.
UNI needs to break above a key technical resistance level to trigger its 100% bull run scenario. Otherwise, a bear flag awaits a 45% price crash.
Investors need a plan to cater for every eventuality, as analysts still focus on $16,000 as a downside target.
Miners are facing an increasingly problematic climate for participating in the Bitcoin blockchain, and only higher BTC prices can help.