ETF approval will send Bitcoin rapidly to moon. Much awaited moment for everybody that are into crypto and waiting for another round of pump harder.
I also observe a lot of dramas and speculations are going on with regards of this. Even coinbase is excited about the possible result and they are prepared.
Me too a believer of approval.
According to predictions and theory, ETF approval should have a positive impact on Bitcoin, but in the fact after the ETF was approved, the price of Bitcoin fell. This does not match predictions. Although from what I read there are whales who sell large amounts of their bitcoins.
Please wait the bitcoin progress at the next several weeks.
If bitcoin goes up to $ 45 K, I think It's just correction.
Bitcoin will recover again.
Many communities here in the crypto space indeed expected that after the SEC approval of the bitcoin spot, there would be an immediate rally in its bitcoin price in the market, but many were disappointed, and others may be frustrated or wondering.
This is just proof that the market is unpredictable, and no one can predict correctly or exactly what will happen in the future. But even though the price of Bitcoin declined after the approval of the SEC, in less than a month, the companies that were approved on the spot etf have immediately collected a lot of Bitcoin, so meaning here, won't we wonder why they are accumulating Bitcoin?
It also means that there is a demand, and it is high for my opinion and vision, honestly speaking.