GOLD ETF & BITCOIN SPOT ETF

There is an opinion that this will be the last cycle of $BTC because there is already a btc spot etf product...

Observe the past of the Gold market. Yes 🚀 in the long term, the market always grows if you observe the chart on the W or M frame

But after Gold has been approved as an ETF in the United States for 7-8 years, there is still no shortage of corrections from 10% to over 30%.

Sheng wants to emphasize, especially for those of you who think there will no longer be a Bitcoin down season because there is already a Btc spot etf in the United States. Even the Gold market can be -30%, then $BTC -50% -60% after reaching the peak of this cycle is very normal 🔥

Remember ETF will be a story that exaggerates cash flows. It will pull a lot of money into the market when "Price INCREASES"🚀 and will also pull a lot of money out when "PRICE DECREASES"😥

Currently, there is nothing to worry about, what Sheng is worried about is when $BTC reaches over 120k$ 140k$ but you guys use the Btc spot etf story as motivation to buy 🤣 Wishing you success🚀🌚🌝