BTC dropped from $72K to $66K the week the SEC classified 16 cryptos as commodities. The most structurally bullish regulatory event in crypto's history. And the market dumped. Sound familiar? January 2024: spot BTC ETFs approved. BTC drops 20% in two weeks. Everyone panics. Six months later it hit new all-time highs. Sell the news isn't a bug. It's how crypto processes good news during uncertain macro. The commodity classification doesn't get reversed. The ETF pipeline is unblocked. The price action is temporary. The structural shift is permanent.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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