Bitcoin News Today: Bitwise Bitcoin ETF Drives 18-Month Bull Market Despite SEC Delay
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最新报道：Bitwise CIO Matt Hougan predicts the approval of a Bitcoin spot ETF could trigger an 18-month bull market, citing historical patterns where major crypto milestones like the CME futures launch and Coinbase IPO preceded extended rallies. The SEC has delayed decisions on several Bitcoin ETF applications, including Bitwise's, pushing deadlines to mid-October. Hougan notes the current crypto market resembles the 2020 buildup before the last bull run, with Bitcoin hovering around $26,000 amid low volatility. While ETF approval timing remains uncertain, Bitwise maintains its $50,000 Bitcoin price target for 2023, arguing current prices don't reflect the potential impact of institutional adoption through ETFs.
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