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BTC Price Drops To Critical Support, Can Spot Bitcoin ETFs Send Price To $100,000?

ETFSwap (ETFS) is programmed to reach $5 as analysts tout Spot Bitcoin ETFs as catalysts to push BTC price from critical support to $100,000.

A significant BTC price dump on the monthly chart timeframe is drawing the gaze and attention of expert traders and analysts to Bitcoin as its price drops to retest the critical support area at sub $64,000 levels. Analysts are also expecting another coin, ETFSwap (ETFS), to see a notable rally from $0.01831 to $5.

Spot Bitcoin ETFs To Send ETFSwap (ETFS) Trading Below $0.1 On A Meteoric Rally Reaching $5 

ETFSwap (ETFS) is a decentralized platform touted by top crypto analysts as the next big thing in the DeFi industry. The DeFi platform offers advanced trading utilities and solutions that smart traders leverage to become highly profitable. Like never before, Smart ETF traders and investors looking to trade and invest in the most sought-after cryptocurrencies and ultra-rare ETFs in the industry, such as Spot Bitcoin ETFs, can satisfy their investment needs on the ETFSwap (ETFS) one-stop-shop DeFi trading platform, which unlocks access to a world of profitable ETF investments.

Apart from Spot Bitcoin ETFs, other tokenized ETFs capable of scaling investment returns on the DeFi platform include Spot Ethereum ETFs, bond, equity, leveraged and commodity ETFs, among others. These tokenized ETFs, which are highly liquid and volatile, are obtained from high-ranking traditional sectors, including energy, agriculture, technology, healthcare, etc The DeFi platform is open 24/7 for trading and investments and provides up to 50x leverage to smart investors and traders to scale returns on ETF investments up to 50,000%. 

Smart traders’ navigation through the DeFi trading platform comes easy as ETFSwap (ETFS) is designed to be user-friendly, allowing traders and investors to seamlessly switch between portfolios and a marketplace for desired ETF purchases. The platform is 100% decentralized and permissionless, allowing traders and investors complete control over their trading portfolios and tokenized ETF investments. 

Owing to the successes of a Spot Bitcoin ETFs introduction and listing in the global finance market, ETFSwap (ETFS) plans to launch its own ETF in the first quarter of 2025. An ETFSwap (ETFS) potential Spot ETF approval in 2025 is bullish for the crypto industry and highly profitable for its presale investors as top analysts forecast it to mirror Spot Bitcoin ETFs exponential growth rate and adoption in the global finance market.

BTC Price Hovers Around Critical Support Level

Despite the massive BTC price dump negatively affecting the prices of several altcoins, general market sentiments remain bullish as top analysts tout spot Bitcoin ETFs as a catalyst, potentially sending BTC price to $100,000 in the coming months.

Top crypto analysis from famous market experts reveals that the BTC price is trading at a critical price support level. According to market experts, the key level to watch in BTC price is the $64,000 price zone, which acts as a strong support for Bitcoin (BTC). A bounce from the critical support zone for Bitcoin could send the BTC price to $87,000 as a potential inverse head and shoulder pattern is perceived to form on the 3-day Bitcoin chart timeframe. Also, Spot Bitcoin ETFs hype and narrative in the crypto markets is a major bullish price catalyst, having the potential of pushing BTC price above its current support up to $100,000 in the coming weeks.

At press time, Bitcoin (BTC) trades at $65,100, according to coingecko trading data reports.

Conclusion 

Top DeFi token ETFSwap (ETFS), selling at an undervalued takeoff price of $0.01831 in its viral ICO presale stage, is on the radar of famous crypto analysts, who tout it to be among a few select altcoins in 2024 leveraging Spot Bitcoin ETFs as a catalyst for exponential rallies in the coming months.

Take advantage of the viral presale to position for generational wealth in the coming weeks of its expected token launch on top exchanges.

For more information about the ETFS presale:

Visit ETFSwap Presale

Join The ETFSwap Community

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