Bitcoin (BTC) has had many weeks of consolidation after hitting a new all-time high at $73,000 but recently saw a breakout above $64,000. A popular crypto analyst has stated that Bitcoin’s price recovery could be a fakeout rally.
Amid the uncertainty, a new opportunity for profit has emerged in the form of a new ETF-Based token called ETFSwap (ETFS) with up to 100x return prospects for early investors.
Analyst Jason Pizzino Believes Bitcoin Could Repeat Its 2019 Fakeout Rally
Jason Pizzino, a popular crypto YouTuber with over 300,000 subscribers, in a recent video, discussed the similarities between the current Bitcoin (BTC) run and its 2019 price action, when Bitcoin (BTC) rose by 300% before six months of consolidation. According to him, this compares with Bitcoin’s rally from $25,000 to a new all-time high of $74,000, followed by the recent price consolidation.
Pizzino also mentioned that he’s keeping a close watch on critical price levels to determine the most probable trajectory for Bitcoin (BTC) in the near term. He believes price resistance around $67,000-$69,000, which is the previous all-time high, could mean that the bears are winning, and the market should look to consolidate around $50,000 and $70,000.
Bitcoin (BTC) is trading at $64985 at the time of writing after going on a rollercoaster trend in the past few weeks. However, as Bitcoin (BTC) struggles to find stability in its current trading range, investors have grown more confident about investing in a new ETF-based token, ETFSwap (ETFS).
ETF-Based ETFSwap (ETFS) Token Leaps Impressively On Presale
With the recent bullish narratives surrounding ETFs, expectations are high for ETFSwap (ETFS) as a blockchain platform for ETF solutions. ETFSwap (ETFS) has emerged at the forefront of a financial revolution, and this could be a highly significant platform in an economy where cryptocurrencies and ETFs are starting to merge. We have seen Spot Bitcoin ETFs this year, and the likelihood of Spot Ethereum ETF approvals becomes higher as the bull market draws closer. So, how does ETFSwap come into play in all of this?
ETFSwap (ETFS) is a new blockchain-based platform offering global access to ETFs from several industries, including cryptocurrencies, health, technology, etc. ETFs are natively traditional finance assets, but integrating with blockchain will allow several new ways to trade assets and explore new benefits.
ETFSwap will be a platform for refined ETF trading, facilitating seamless token swaps, liquidity provision, and staking rewards while empowering users to participate in a thriving decentralized ecosystem. As early investors in solutions like this, you’d be positioned for significant price increases for specific ETFs and cryptocurrencies.
BlackRock and other giant asset management firms have already entered the Bitcoin ETF market with trillions of dollars worth of assets. Also, these asset managers have launched advertising campaigns, demonstrating high confidence in the growth of this market sector.
What ETFSwap (ETFS) does is provide an opportunity for investors of all portfolio sizes to also easily take advantage of this trillion-dollar industry and enjoy profits with giants like BlackRock on an equal footing. ETFSwap (ETFS) provides the perfect opportunity to grab significant market share out of this, and the presale offers you an opportunity to be early and book massive gains.
The ETFSwap (ETFS) presale has caught a positive trend in about a week of presale kickoff. Stage 1 of the presale has already seen over 20 million tokens sold so far following an impressive $750,000 raised from institutional and angel investors in its private round. This positive start to the presale is a pointer to the massive profit opportunities available for early investors.
Experts have predicted that early ETFSwap (ETFS) investors could secure up to 10,000% gains, rising to $1 after launch. The token currently sells for $0.00854 with a profit margin of over 2x gains as soon as Stage 2 begins at a price of $0.01831.
Get in now for maximum gains on the ETFS presale and claim an 18% bonus with the promo code “ETFS18.”
For more information about the ETFS Presale:
The post Bitcoin’s Rise Above $64,000 Is Suspected Fakeout Rally As ETF-Based Token Jumps 1,000% appeared first on Crypto News Land.
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