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News Bulletin: Will Bitcoin Crash to $36,000 if a Spot Bitcoin ETF is Approved? In a recent market update by trading firm QCP Capital, insights have emerged regarding the potential impact of the approval of a Spot Bitcoin ETF on Bitcoin's price. The firm predicts a major retracement before any upward movement, suggesting that Bitcoin could crash to $36,000. QCP Capital's analysis is based on the assumption that if a Spot Bitcoin ETF is approved in January, it could trigger a significant sell-off in the market. This retracement could push Bitcoin's price down to the $36,000 level. While this prediction may be concerning to investors, it is important to consider the reasoning behind it. The anticipation of a Spot Bitcoin ETF approval has been a topic of discussion in the crypto community. If such an ETF is approved, it could lead to increased institutional investment in Bitcoin. However, QCP Capital suggests that this surge in institutional interest may also prompt existing Bitcoin holders to take profits and sell their holdings, causing a temporary drop in price. It is worth noting that QCP Capital's prediction is just one perspective among many in the crypto market. Bitcoin's price is influenced by a multitude of factors, including investor sentiment, market volatility, and regulatory developments. While a retracement to $36,000 is a possibility according to QCP Capital, it is not a certainty. Investors should approach this prediction with caution and consider it in the broader context of the crypto market. The volatility and unpredictability of Bitcoin make it essential for investors to conduct thorough research and consult with financial advisors before making any investment decisions. As always, it is important to stay informed and monitor market developments closely. The potential approval of a Spot Bitcoin ETF in January could have significant implications for Bitcoin's price, but its impact remains uncertain. Only time will reveal the true outcome and whether Bitcoin will indeed crash to $36,000 or experience a different trajectory.