Furthermore, I find myself pondering whether the presence of the ETF channel has effectively curtailed significant downturns in BTC. This hypothesis is supported by the notable surge in ETF acquisitions witnessed during each decline. Moreover, the recent endorsement of Ethereum ETFs leads me to speculate that the realm of the cryptocurrency market will now be confined to a mere duo of assets. It remains to be seen whether the levels identified by analyst van de Poppe will indeed serve as a turning point for Bitcoin. Patience is warranted as we eagerly await the outcome.
