Optimism is bordering euphoria in the cryptocurrency market after a trove of documents pointing toward the eventual approval of Valkyrie's Bitcoin (BTC) ETF application by the U.S. Securities Exchange Commission before the end of the month.
Data from Cointelegraph Markets Pro and TradingView shows that the price action for BTC spiked in the early trading hours on Friday with bulls managing to rally to an intraday high at $61,880, marking the first time BTC has surpassed $60,000 since April.
Here’s what traders and analysts are saying about what comes next for Bitcoin now that the price is back above $60,000 and the long-awaited Bitcoin ETF look ready to become a reality.
According to cryptocurrency analyst and pseudonymous Twitter users
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