05 Dec 2023
December Outlook: Running along the front runnersDecember is poised to be a strong month for Bitcoin and the crypto market as a whole.
Anticipations are high and building for the early January ETF verdict, and nothing points towards ETF excitement moderating until we enter the final deadline. Thus, my view remains long and constructive for the month to come. ETF hype has been the force swaying excitement back into Bitcoin in the past few months, and now the deadline is approaching. The decisive verdict is expected to occur between January 8 and January 10, 34-36 days from now. This approaching verdict has been the root cause behind the positive momentum since October, with BTC facing relentlessly strong demand from the institutional side of the market.