Bitcoin ETFs were approved three days ago since then we have seen markets moving up and down. Bitcoin price reached highest of 48,500 after one day of Bitcoin ETFs approval.
Everyone Was expecting Bitcoin to reach $50k but that didnt happen and its price declined slowly hitting lowest of $41500 , currently trading at $43k.
Everyone of us wants green candles but we should keep in mind that actually there is no green candles without red ones. Moreover its a free market which means everyone has the freedom to buy or sell whenever they want.
Bitcoin ETFs approval is a good thing for the whole crypto industry. Bitcoin now is accessible to millions of people. The adoption is on rise with etfs approved.
Remember Bitcoin ETFs isnt only about price , its much more than that. An increase in Bitcoin price is good but adoption is more important. Bitcoin ETFs will definitely have good impact on its price in the long run.
If you are in for the longterm then you should not be worried about temporary price swings. Those who are in for longterm they love dips. I am sure that you already bought the current dip if you are a long term believer.
Above all remember that Bitcoin has a fixed supply of 21 million and there will never be more than it. Bitcoin is a unique asset just like gold but with extra benefits. Bitcoin is bigger than gold, thats it.
Celestia is on Fire
Celstia $TIA is outperforming rest of the market in terms of daily price gains. We are seeing altcoins having red candles but $TIA price is increasing continuously.
Celestia $TIA hype is on another level these days. There are a number of reasons for it. Celestia airdrop was a huge success they distributed a significant supply of TIA to community and developers.
Mostly people dumped their $TIA airdrop bags considering it a shit project and ignored the fundamentals. The price dumped to $2 but celestia team kept going with the great enthusiasm, The price pumped above $18 now and everyone started crying for dumping airdrops at $2.
Those who sold $TIA at $2 are now buying back at higher price as they realized its potential.
Celestia is a strong network where many big projects are building. Dymension project already airdropped $DYM token to $TIA stakers and there are more airdrops in the pipeline , this is why everyone is jumping on $TIA right now and its price is skyrocketing while rest if the market is in red.
I have already a little bag of $TIA and staked on kepler wallet so that i can get benefit from the future airdrops. To increase my stake i want to buy some more but i will wait for a dip because i am expecting a little pull back here. I will buy once it comes down a little bit.
Celestia is getting bigger day by day which indicates that it is going to be huge in the future.
Thats it for today. Thanks for reading. What do you think about my today's topic? Let me know your thoughts in comment section. In the end i would like to Wish you and your family a happy day ahead. Stay Blessed.
Motivation Dose
Get out of your comfort zone and fight the troubles and hurdles that come your way to success. Success awaits you. Life is beautiful ، live it to the fullest. Dont be hopeless. Stand strong in the ups and downs of life as its part of life. There is always a light behind every dark side.
About Author
is a crypto trader and content creator on hive blockchain. He also runs a small business of Mobile accessories and Wrist watches. He loves to make new friends.