In the coming days, some factors could boost Bitcoin (BTC) appreciation:

Possible Approval of Spot Bitcoin ETFs in the US: The market awaits decisions from the SEC (US Securities and Exchange Commission) on the approval of spot Bitcoin ETFs, with major players such as BlackRock awaiting a response. If approved, the ETF could increase liquidity and institutional interest, potentially driving up the price of BTC by attracting billions in new investments.

Interest Rate Cuts in the US and Weakening of the Dollar: The expectation that the Federal Reserve will pause or even cut interest rates creates a positive environment for risk assets such as Bitcoin. This scenario favors the appreciation of cryptocurrencies, especially with the current correlation between BTC and gold, reinforcing its role as a possible "safe haven asset".

Historical High in the Fourth Quarter: Historically, Bitcoin tends to perform positively in the last three months of the year. Reports show that October and November typically bring sizable returns, and this seasonal bullish expectation is aligning with a bullish cycle in 2024, which could spur further appreciation. ​$BTC #Bitcoin❗️ #notícias #BecomeCreator