Bitcoin ETF Officially Approved

[Primo1760]

Finally, after much speculation, imagination and drama, Bitcoin has been officially approved. At the moment the Bitcoin market is hovering around $47335. We will see Bitcoin price close to $50,000 very soon. The news of Bitcoin ETF approval is really good. How do you feel about your opinion?

[defy]

finally after all the speculation, hype and false positives its real. the big boys have entered the bitcoin market.

should we be afraid or should we celebrate?

[Yamane_Keto]

Gary Gensler's tweet was giving a negative signal or suggesting that the approval would not take place, in addition to denying yesterday's tweet and saying that the account had been hacked.
Some expect the price to rise tomorrow as soon as companies intend to buy Bitcoin tomorrow, but it is a big jump that has its impact on the price . Will it be positive in the short term or is it only in the long term?

[Nwada001]

The news that was claimed to be false news posted on their official X page is really not fake news after all. Whoever made the tweet has already seen the official documentation of the approval; they were just waiting for the right time for it to be made official on all their platforms.
 
The approval news seems to wipe away the negative energy that the fake one brought a few days ago, although up to some point, many people were still thinking the news was not really as solid as it should be. Not until major news Carrie's it and the traffic that flooded the SEC official website couldn't allow the PDF file that contains the approval details to load properly.
 
I still can't see the bitcoin price moving as fast as it should based on the influence of the approval. Instead, the altcoins are the ones seeing 5–10 growth just in the last few hours. Let's hope to see the price of bitcoin hit a new ATH for the week; probably $50–55k is achievable.

[Bitcoin_people]

Finally, after much speculation, imagination and drama, Bitcoin has been officially approved. At the moment the Bitcoin market is hovering around $47335. We will see Bitcoin price close to $50,000 very soon. The news of Bitcoin ETF approval is really good. How do you feel about your opinion?

It is really good to see the market of Bitcoin right now because after waiting for a long time, Bitcoin ETF has been approved. We've seen a lot of drama and speculation go through every month to get Bitcoin approved where Bitcoin hasn't been approved. But with the official approval of Bitcoin ETF today, the price of Bitcoin has been increasing rapidly ever since. It has been reported in many news since the ETF was approved (Bloomberg predicts $4 BILLION in spot #BitcoinETF inflows on the first day of trading). We are optimistic that the price of this Bitcoin will soon cross $50,000 and there is a possibility of more Bitcoin price increases as we wait for half of the time ahead.

[LogitechMouse]

Nothing surprising TBH. What's more surprising is the fact that the SEC's Twitter account got hacked, and posted that a Spot Bitcoin ETF was approved. It caused chaos in the market, pushing the price down. The good thing though is that the market is going up already, and the price of Bitcoin is at the $46,000 level already.

TBH, I was too bullish on the news that I expected that the market would just go up as high as $50,000 as soon as the announcement had been made. Well, with this news, I expect Bitcoin to reach at least $50,000 this month or in the first week of February. Nevertheless, this is a piece of good news for everyone as this news "MIGHT" creates a short-term price increase on the price of Bitcoin.

~
should we be afraid or should we celebrate?

No idea.
TBH, it would be better if we didn't know. That will add excitement to the party. Just be ready for whatever might happen with the market.

[Zed0X]

~ How do you feel about your opinion?

Regulations and more regulations from authorities.
Complaints and more complaints from regular users.

The big boys will surely love this. All the fish will have to stand back and watch how the real whales are going to play.

Nothing surprising TBH. What's more surprising is the fact that the SEC's Twitter account got hacked, and posted that a Spot Bitcoin ETF was approved.

Nah, it's hard to buy that excuse after it was officially approved. It's more likely that the one handling the SEC's X page made the announcement too early (maybe because of miscommunication).

[dwyane36]

Nothing surprising TBH. What's more surprising is the fact that the SEC's Twitter account got hacked, and posted that a Spot Bitcoin ETF was approved. It caused chaos in the market, pushing the price down. The good thing though is that the market is going up already, and the price of Bitcoin is at the $46,000 level already.

TBH, I was too bullish on the news that I expected that the market would just go up as high as $50,000 as soon as the announcement had been made. Well, with this news, I expect Bitcoin to reach at least $50,000 this month or in the first week of February. Nevertheless, this is a piece of good news for everyone as this news "MIGHT" creates a short-term price increase on the price of Bitcoin.

As for me, this hacking of the SEC's Twitter account was more outrageous than surprising because it was too much like market manipulation. Somebody must have made a lot of money on that one.
As for the BTC price, I think it would have been above $50k by now if this tweet from the hacked sec account and Gensler's subsequent reaction to it hadn't happened.
Either way, it would be expected that BTC will take a few days or weeks to break $50k.

[Bobcrypto]

Finally, after much speculation, imagination and drama, Bitcoin has been officially approved. At the moment the Bitcoin market is hovering around $47335. We will see Bitcoin price close to $50,000 very soon. The news of Bitcoin ETF approval is really good. How do you feel about your opinion?

I feel that Bitcoin has now gone full mainstream and it no longer going to be the ways many people were against it, though many had also changed their thoughts: especially those that were critics. It also means that more money is gonna flo into Bitcoin and that is, more pumps to the moon!

[TomPluz]

finally after all the speculation, hype and false positives its real. the big boys have entered the bitcoin market.

should we be afraid or should we celebrate?

Yes, that is the good question we might be dealing in the coming days...whether the approval of Bitcoin ETFs will be good for Bitcoin and the whole crypto industry or will it be a catalyst for something else? Anyway, for now, maybe let's us first celebrate though I find it a little bit concerning that BTC price seems to be not so excited for this BIG news. In the next few days, we can clearly see where the market is headed in response to this new development.

[kulkhan]

Really it is historical moment for bitcoin and all cryptocurrency. Bitcoin ETF officially Approved, i think we will  see it’s impact on cryptocurrency market soon.

These 11 Bitcoin ETFs are approved:
ARK and 21Shares: $ARKB
Bitwise: $BITB
Invesco Galaxy: $BTCO
Valkyrie: $BRRR
VanEck: $HODL
WisdomTree: $BTCW
BlackRock (iShares): $IBTC
Fidelity: $FBTC
Franklin: $EZBC
Grayscale: $GBTC
Hashdex: $DEFI

I think bull session started. Market will go more up. After this great news huge people will involve in crypto currency market. Because people will think now Bitcoin is more secure and trusted. So also increase Bitcoin's credibility. I think within short time we will see positive impact on cryptocurrency market. I think we are going to see new ATH  for Bitcoin price.

[Callisto]

finally after all the speculation, hype and false positives its real. the big boys have entered the bitcoin market.

should we be afraid or should we celebrate?

I think we should celebrate, because this event will have a great impact on its price, and the entire market will go up after Bitcoin. At the very least, it is impossible to imagine a more significant event in recent years. And so it’s clear that Bitcoin is going up, after this event I’m sure it will skyrocket to the moon.

[DabsPoorVersion]

finally after all the speculation, hype and false positives its real. the big boys have entered the bitcoin market.

should we be afraid or should we celebrate?

Yes, that is the good question we might be dealing in the coming days...whether the approval of Bitcoin ETFs will be good for Bitcoin and the whole crypto industry or will it be a catalyst for something else? Anyway, for now, maybe let's us first celebrate though I find it a little bit concerning that BTC price seems to be not so excited for this BIG news. In the next few days, we can clearly see where the market is headed in response to this new development.

It is somewhat true that we are still uncertain about the long-term effects of the recent approval of Bitcoin. However, we can currently observe a positive effect on the entire cryptocurrency market which has suddenly turned green. This approval is a significant achievement for Bitcoin, and we should celebrate it despite its past rejections. Finally, Bitcoin has been approved, and that is a success.

[Primo1760]

finally after all the speculation, hype and false positives its real. the big boys have entered the bitcoin market.

should we be afraid or should we celebrate?

Why should we fear? The Bitcoin market was completely volatile when it was locked in by ETF. If we are not afraid of Bitcoin market volatility then why should we be afraid now after Bitcoin ETF approval. Of course we are happy for that. Because Bitcoin ETF have been approved, the Bitcoin market has started to rise. This is very happy news for Bitcoin investors and Bitcoin users.

[bitterguy28]

Finally, after much speculation, imagination and drama, Bitcoin has been officially approved. At the moment the Bitcoin market is hovering around $47335. We will see Bitcoin price close to $50,000 very soon. The news of Bitcoin ETF approval is really good. How do you feel about your opinion?

and now back to 46k and seemingly to fall more , because ETF assures us nothing in price growth but at least the legitimacy that we can prove it wasn't scam like what many love to think it is.
This approval will be our proofs that this market can be trusted and can be put in their investment lists .

finally after all the speculation, hype and false positives its real. the big boys have entered the bitcoin market.

should we be afraid or should we celebrate?

I think we should celebrate, because this event will have a great impact on its price, and the entire market will go up after Bitcoin. At the very least, it is impossible to imagine a more significant event in recent years. And so it’s clear that Bitcoin is going up, after this event I’m sure it will skyrocket to the moon.

we must celebrate same as we must be aware of the possible outcome as now that the big boys will be entering our community .