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Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: bitterguy28 on January 13, 2024, 02:24:52 AM

Title: Bitcoin is dumping after ETF approval?
Post by: bitterguy28 on January 13, 2024, 02:24:52 AM
Seems like Bitcoin and the whole market is in Blood days now day after that ETF approval , is this something to be alarm for? or just another Correction that we have had before the approval?

Am not worrying of anything but just curious to what had happened today?
Title: Re: Bitcoin is dumping after ETF approval?
Post by: joniboini on January 13, 2024, 03:54:24 AM
I answered your question in another thread but I'll repeat it again, nothing surprising, just a correction as usual. People expect ETF to get approved, expect some pump, and then try to exit as quickly as possible because they know the selling pressure will increase. It happens every time, I don't think you need to be worried. The fundamentals don't change that much, halving is coming which is arguably a better thing for Bitcoin compared to ETF. Nothing is stopping you from getting a better position by doing DCA or something else though.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: tbct_mt2 on January 13, 2024, 05:12:39 AM
Seems like Bitcoin and the whole market is in Blood days now day after that ETF approval , is this something to be alarm for? or just another Correction that we have had before the approval?

Am not worrying of anything but just curious to what had happened today?
After some years, since 2017, in cryptocurrency market, I felt this dump is normal.

You will understand about the market more when you have more time here, see more dumps, corrections when the market is very positively about its continuation of upward movement. The market usually moves oppositely with what people think it will move.

Googling "Buy the rumor, sell the news" and deep dive into it, then try to think of this statement and the market in future. Soon you will understand it more with your experience.

Four green months in a row is like enough to see a correction.
https://cryptorank.io/price/bitcoin
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Don Pedro Dinero on January 13, 2024, 05:49:15 AM
Googling "Buy the rumor, sell the news" and deep dive into it, then try to think of this statement and the market in future. Soon you will understand it more with your experience.

Yes, I think probably the positive effect of the approval of the ETF spots has been seen in the last few months, as investors took it for granted, and when the news came out, some sold, leading to the small correction. But I think in the long term, both ETFs and halving are going to help the price to go up. I think 2024 and about half of 2025 or so are going to be bullish.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: dekafee79 on January 13, 2024, 06:04:39 AM
Seems like Bitcoin and the whole market is in Blood days now day after that ETF approval , is this something to be alarm for? or just another Correction that we have had before the approval?

Am not worrying of anything but just curious to what had happened today?

I think it just another correction before bitcoin halving.
ETF bitcoin should have good effect for market, but let's see the market is red now.
Keep calm,
I think It's good time to buy coin, we still have chance to accumulate potential coin.
Because bullish is still long, maybe it will happen at the next year.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Primo1760 on January 13, 2024, 07:11:46 AM
Seems like Bitcoin and the whole market is in Blood days now day after that ETF approval , is this something to be alarm for? or just another Correction that we have had before the approval?

Am not worrying of anything but just curious to what had happened today?

I think it just another correction before bitcoin halving.
ETF bitcoin should have good effect for market, but let's see the market is red now.
Keep calm,
I think It's good time to buy coin, we still have chance to accumulate potential coin.
Because bullish is still long, maybe it will happen at the next year.
Another correction before the bitcoin halving of course. But for those who were looking for an opportunity to invest, maybe the opportunity to invest has come. The approval of Bitcoin ETF had some positive impact on the market. The approval of the Bitcoin ETF took the Bitcoin market from $44k to $48900+. I thought maybe Bitcoin could stay in the $50,000 range right away. But instead of that, the market came back to $41,000. But for those who have been waiting to invest, now is the best time.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: DAMKAR on January 13, 2024, 07:30:36 AM
We all know, bitcoin and altcoins are volatile.
I think that's normal.
If bitcoin is dumping after ETF approval.
Honestly, I don't care about ETF bitcoin because I know before bitcoin halving we should just think about How to buy more .
I just several predictions from member here about ETF bitcoin if has been approved.
Demand is the basic factor that influence the market, So maybe many investors or whales want to see the dump, because they want to buy more.
Just positive thinking
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Alcor on January 13, 2024, 07:50:08 AM

Another correction before the bitcoin halving of course. But for those who were looking for an opportunity to invest, maybe the opportunity to invest has come. The approval of Bitcoin ETF had some positive impact on the market. The approval of the Bitcoin ETF took the Bitcoin market from $44k to $48900+. I thought maybe Bitcoin could stay in the $50,000 range right away. But instead of that, the market came back to $41,000. But for those who have been waiting to invest, now is the best time.
I think that before the halving, the price of Bitcoin may experience a correction several more times and even much deeper than the current one. This is absolutely normal for the cryptocurrency market. But these events will not in any way affect the upcoming price boom due to the Bitcoin halving. This year and even the first half of next year promise to be very good in terms of cryptocurrency price growth. We need to make the most of these opportunities.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: SmartGold01 on January 13, 2024, 09:11:38 AM
To me it's time to buy and hold since the ETF approval brings the market so low than we can expect we can also utilize this opportunity to accumulate someone useful fact about the market by buying and wait for the market to get close to halving or even after halving so that we can utilize the opportunity to hold more Bitcoin. Because I can see panic over the market this is the major reason why is dipping more though I wasn't surprised to see it this way.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: CryptoLaila on January 13, 2024, 10:12:06 AM
To me it's time to buy and hold since the ETF approval brings the market so low than we can expect we can also utilize this opportunity to accumulate someone useful fact about the market by buying and wait for the market to get close to halving or even after halving so that we can utilize the opportunity to hold more Bitcoin. Because I can see panic over the market this is the major reason why is dipping more though I wasn't surprised to see it this way.
Yes! I think this bring more opportunity for  investors who haven't invest as the marker entry point is getting low , we all know the price will still go up so we should utilise the opportunities  :)
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Peter90 on January 13, 2024, 10:55:54 AM
Someone had tried to warn this community in this thread

Impact of the upcoming BTC ETF on the BTC price: A contrarian view (https://www.altcoinstalks.com/index.php?topic=314833.0)



"What do I expect after the spot BTC ETF launch? ...

In fact, as of today, I haven’t encountered anything that would suggest BTC prices can move higher than the $50,000 to $55,000 range in January, even were the launch of a spot BTC ETF to bump BTC prices higher. ...
However, I would not expect any different outcome and trajectory than the one I predicted in the above podcast on the release date of the BTC BITO last 19 October 2021 - a temporary bump higher in prices of a magnitude impossible to predict at the current time, followed by a potentially really big crash."


Title: Re: Bitcoin is dumping after ETF approval?
Post by: LogitechMouse on January 13, 2024, 01:16:19 PM
Seems like Bitcoin and the whole market is in Blood days now day after that ETF approval , is this something to be alarm for? or just another Correction that we have had before the approval?

Am not worrying of anything but just curious to what had happened today?
Nope. :D
I guess the ones who're panicking right now are the newbies who expected that Bitcoin would go up after the announcement, but they saw the opposite.

For those who've been involved in crypto for quite some time, we know the phrase "Buy the rumor, Sell the news" is quite popular, and we saw the "Sell the News" when investors sold their Bitcoin holdings just when they saw the news. Is this something to be alarmed about? No, because we know in the long run that Bitcoin will just hit $50,000 with or without the announcement of an acceptance of a Spot Bitcoin ETF.

The correction that we are seeing right now is just a normal correction, and there's no need to panic. Instead of panicking, take this opportunity to accumulate some Bitcoins at a lower price.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: DabsPoorVersion on January 13, 2024, 02:40:03 PM
Don't worry, the recent increase in price is just a temporary correction. Such fluctuations are common and expected in the market. Just because the ETF approval has been announced, it doesn't necessarily mean that the price will continue to increase. Don't expect it to skyrocket up to $50k-60k right away. After the sudden price hike, many investors are expected to sell off and take their profits, which is why the price is down again.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Aanuoluwatofunmi on January 13, 2024, 02:59:57 PM
Seems like Bitcoin and the whole market is in Blood days now day after that ETF approval , is this something to be alarm for? or just another Correction that we have had before the approval?

Am not worrying of anything but just curious to what had happened today?

There's nothing to worry about, you should have known that it's either if the two sides that may happen, that after the bitcoin ETF approval, the market may pump and it may dump, and now that we are at it again on dip, that means the market have already pumped right before the approval of Bitcoin ETF and nothing we should expect now than seeing the market dumps before the major pump arrives which is Bitcoin halving in few months time.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Evgenklm on January 13, 2024, 03:42:11 PM
Maybe this is a normal correction after the adoption of the Bitcoin ETF. While short-term fluctuations can be concerning, they are not necessarily indicative of a long-term trend. I think we should be more restrained and react calmly to such fluctuations, because I think there will be more ATHs ahead. Although everyone thought that everything would be different, let's see what awaits us ahead.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Power420 on January 13, 2024, 03:45:10 PM
Reasons Why Bitcoin is Dumping after
the historic spot ETF approval -
(https://www.talkimg.com/images/2024/01/13/3F3Ow.jpeg)
1) There was a strong speculation
leading towards the ETF approval,
now it’s approved people doesn’t
have anything to speculate on and
many expected it to pump towards
$55k after approval coz that didn’t
happen people are just taking profits
or selling in disappointment.

2) Bitcoin pumped from the Bottom
of $15,400 to $49,000 with fomo
elements of ETF so the correction
was naturally due and this might be
sell thenews event for many who
bought bitcoin earlier below $20k.

3) Money is moving from Bitcoin to
ETH now. People are selling BTC and
buying ETH coz they know ETH spot
ETF is coming next and ETH haven’t
really pumped yet so they are moving
to undervalued asset.

Positives people are missing -

1) Bitcoin ETF in total did a $4.3 Billion
In volume which is historical for any
ETF in history.

2) Now Bitcoin is available you all the
Wall Street guy. So Over time trillions
will flow into market

3) Bitcoin ETF puts a trust in crypto.

My personal opinion - Bitcoin ETF will
become more popular in Wall Street
and we will see companies allocating
billions to Bitcoin over time which will
send BTC to $100k - $200k+ easily.
So hold tight and be patient.
Source Link (https://twitter.com/Ashcryptoreal/status/1745847293943623754?t=N90LHZGQlXICncyjkqbF0Q&s=19)
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Ambatman on January 13, 2024, 05:00:14 PM
Because bullish is still long, maybe it will happen at the next year.
We already in a bullish trend is last year. The correction like everyone has said is normal. I even consider it an opportunity to buy. After the corrections then recovery will be better than the dip that's how it always is. Fall, accumulate strength and shoot for an higher price.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Z-tight on January 13, 2024, 05:15:57 PM
I don't think this can be called a dump, it is just a small correction. As soon as the BTC spot etf in the u.s. was approved, so many people thought that BTC was going to start pumping immediately and that by now we would be well above $50k, but the BTC market does not work like that, we usually see effects of big events like this after some months.

Take the BTC halving for example, BTC does not start pumping right after the halving, the bull run comes few months after the halving, and i think that is going to be the situation with spot etf approval.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: taufik123 on January 13, 2024, 08:09:00 PM
I don't think this can be called a dump, it is just a small correction. As soon as the BTC spot etf in the u.s. was approved, so many people thought that BTC was going to start pumping immediately and that by now we would be well above $50k, but the BTC market does not work like that, we usually see effects of big events like this after some months.
-snip-
You may believe with the term "Lowing To Rise", Bitcoin will not always rise and there are times when the market has to experience a correction.
It aims to make the Bitcoin market healthier, and the decline aims to gather fuel to go to higher peaks.

People will panic about this situation, but those who already understand will take advantage of this correction opportunity for buybacks, so that more Bitcoin will be held at low prices and sell them when FOMO ATH has arrived.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: debra on January 13, 2024, 09:13:13 PM
I'm also a bit surprised to see Bitcoin dumping after Bitcoin ETF is approved. Everyone must guess Bitcoin price will increase significantly when Bitcoin ETF is approved because it is clearly very positive news. However, we can see that the Bitcoin price have reached around $48k after the good news spreading. Now, Bitcoin price needs time for correction to prepare the chance for the next pump. I'm sure there will be pump in the next few days or weeks. But It won't suddenly happen, it requires a process. The market needs time to consolidate, this is necessary for a much higher price increase later.

So, we mustn't feel afraid to see the current dump in Bitcoin price. As long as Bitcoin price can survive above $40k, I think everything is normal. This is also the advantage for the people who still have the intention to have more Bitcoin, they will have enough time to buy more Bitcoin.

Title: Re: Bitcoin is dumping after ETF approval?
Post by: bounceback on January 13, 2024, 09:14:00 PM
Seems like Bitcoin and the whole market is in Blood days now day after that ETF approval , is this something to be alarm for? or just another Correction that we have had before the approval?

Am not worrying of anything but just curious to what had happened today?
Its one thing make my position dilemma what happen with bitcoin price drastically dumping after ETF approval? are there any drama behind ETF approval but bitcoin price can't stable and raise to higher price? I believe with bitcoin always in correction position but drop drastically more than 10% in short term can't acceptable first time after ETF approval announcing bitcoin success break until $47k but without two days bitcoin dumping to most lowest price under $41,500.
Hope with bitcoin recovery to higher price in short time and make us on comfortable position after ETF approval bitcoin must on higher price exactly without 100 days will have bitcoin halving time.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: ajiz138 on January 13, 2024, 10:24:28 PM
There is no need to be wary because this is just a normal correction I will take it as such there may be a big dump after the approval but I don't read the news in detail because I know behind all that there must be negative news coming out.

I am not worried about bitcoin going down after the approval, because I know that I will not take action to sell unless I continue to buy, if you continue to pay attention to the news maybe it will be a little anxious fearing that the price will drop worse, but it should be utilized by buying when the price drops.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: alltalk on January 13, 2024, 11:48:24 PM
We already in a bullish trend is last year. The correction like everyone has said is normal. I even consider it an opportunity to buy. After the corrections then recovery will be better than the dip that's how it always is. Fall, accumulate strength and shoot for an higher price.
I don't think we were in the bullish trend in 2023. If we considers 4 years cycle, 2022-2023 is the bearish season. We will have the bullish season in 2024-2025. Also, we can see the price of Bitcoin still can reach the last ATH, it is still below $45k now. Another reason is the Bitcoin halving doesn't start yet, it is the trigger for the bullish season. However, I agree that in the early of 2024, we seem to begin the bullish season soon.  :)

Yes, we can buy as many as possible before the Bitcoin price recovers.

Title: Re: Bitcoin is dumping after ETF approval?
Post by: Nwada001 on January 14, 2024, 12:34:51 AM
I'm not surprised with how the price of bitcoin turned sideways just after the ETF approval. Altcoins seem to take advantage of the news a few minutes after the announcement, as many altcoins like Ethereum saw a rise of about 9% from their initial price before the ETF approval.
 
Like I said on the other forum regarding this earlier,  there could be some higher possibility that we might likely see a price dump after this approval, as many investors will like to sell and take profit as a result of them taking advantage of the market trend, which might likely lead to a market drop, or there could also be a possibility of a price jump due to the large purchases that will come after the approval from those stock traders, but it's not a surprise that the market took the first turn.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: aiviaa485 on January 15, 2024, 04:20:53 PM
As I would say, because after there is Good News there must be Bad News, Bitcoin ETF is Good News and this will increase the price of Bitcoin.
But after the Bitcoin ETF is listed, the results will change and Bitcoin will return to its original price or return to the price at which Bitcoin rose when the Bitcoin ETF news was received.
This cycle continues to spin until now since Bitcoin first started trading in various markets, maybe because of my experience or because I thought negatively because after seeing this Bitcoin ETF I already guessed that the price would go down.
Maybe I also have a "Time Traveler" like in a cartoon who can predict the future for Bitcoin prices.  :D ;D
Title: Re: Bitcoin is dumping after ETF approval?
Post by: bitbit97 on January 15, 2024, 06:39:54 PM
I hope this pricededuction is temporary and the perioud would be really short. It was made on purpose to earn on those who wanted to “last minute jump in hype train”, that were abou to surpass to $50k milestone to way to ath. Somehow that price reduction was expected, people always earn on those who rush in taking decisions. However, the drop below $43k (that was rocket starting point) is disappointing. I have expected more resistance.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Thyplaymaker on January 15, 2024, 07:18:20 PM
I don't think there's any need for panicking to me bitcoin just undergoing some corrections, and gathering strength to surge higher you can't just expect the news to just skyrocket it's to the new ATH ones nah. My advice I have don't sell yah holding due to panick because there's nothing you should be panicking about don't forget is bitcoin we talking about so keep hodl.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: bayu7adi on January 15, 2024, 09:20:49 PM
Wait and see, my friend. We're all gearing up for the upcoming halving in a few months, and it's inevitable. Maybe ETFs haven't yielded positive results for you, but your feelings might be misleading. Market responses can come at unexpected times, so it's better to monitor first and not rush into decisions, except perhaps the decision to buy more.

I also anticipate a bull run if the ETF gets approved, but if the prices move in the opposite direction, I won't hastily sell my BTC. Stay calm and keep an eye on the market for some time ahead.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Litzki1990 on January 16, 2024, 05:58:46 AM
It is very normal for sales prices to rise or fall, so pumping and dumping cannot be attributed to one particular factor alone.  Before this, I have seen Bitcoin market dumping for no reason and then pumping again after dumping for some time. If there is no volatility in the bitcoin market then the amount of investment in bitcoin will be less, people are buying and selling that is why the price of bitcoin is constantly rising. If the price of a bitcoin falls some more than what it is now, we have to accept that it is temporary dumping and the market will pump again soon.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: bitterguy28 on January 16, 2024, 07:09:18 AM
Well it has been said that it is normal to see dumping now because of over expectations to the market movement while those  institution that given the rights to purchase and own bitcoin are still waiting for the right timing so expect this stranded increase for a while or this may take long as the Halving is months before coming and we knew the effect to the market over the years.
that the prices really dumps in this kind of time so be ready to purchase more than selling guys because this is our opportunity to take advantage of the situation .
Title: Re: Bitcoin is dumping after ETF approval?
Post by: DabsPoorVersion on January 16, 2024, 08:35:12 AM
Well it has been said that it is normal to see dumping now because of over expectations to the market movement while those  institution that given the rights to purchase and own bitcoin are still waiting for the right timing so expect this stranded increase for a while or this may take long as the Halving is months before coming and we knew the effect to the market over the years.
that the prices really dumps in this kind of time so be ready to purchase more than selling guys because this is our opportunity to take advantage of the situation .
Yes. The recent dump in the price of Bitcoin is just a normal situation. The recent approval of the spot ETF doesn't only mean that the price will continue to increase. A lot of new investors won't invest right away after the update, it will always take them a while to think whether to invest in Bitcoin or not. Being new to the cryptocurrency market means they'll need more time and information before making an informed decision.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: NikeFit_7777 on January 16, 2024, 09:13:13 AM
Wait and see, my friend. We're all gearing up for the upcoming halving in a few months, and it's inevitable. Maybe ETFs haven't yielded positive results for you, but your feelings might be misleading. Market responses can come at unexpected times, so it's better to monitor first and not rush into decisions, except perhaps the decision to buy more.

I also anticipate a bull run if the ETF gets approved, but if the prices move in the opposite direction, I won't hastily sell my BTC. Stay calm and keep an eye on the market for some time ahead.
Why do you think so? What are your (specific) bitcoin exchange rate goals for 2024? I don't mind seeing a price of 20,000 for 1 bitcoin. That's not the point. Before we see such prices on the market, something global has to happen. There are some guys who can set the market (as needed). Everyone knows Sec - here they are, at every opportunity they will do what their heart desires. And you and I will already be pushed away from the current situation on the market. 

Or they will cheat us, lower the price some more and then take a spot ETF-ETH = the whole market will give 5% to 15% in a few hours. As always, you can't guess 100% what it's going to be and how it's going to be.  ???
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Fivestar4everMVP on January 19, 2024, 09:55:51 AM
The ETF approval was sure turned into a "buy the rumor, sell the news" kind of thing, the bitcoin market didn't move as much as many of us expected it to upon the announcement of ETF approval, and this to me personally is because, those, that is, the firms who bought bitcoin in large quantities upon the approval of the bitcoin spot ETF, all did so over the counter, to avoid pushing the price of bitcoin up which could be considered as market manipulation by the SEC.

But then, we should not loose hope, the main bitcoin bull run is coming, and when it does come, both the ETF approval, and the halving, plus a host of other stuffs that will act as a catalyst, will altogether, contribute to a massive run up of the bitcoin price, and the entire cryptocurrency market.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: LUCKMCFLY on January 19, 2024, 04:59:55 PM
We should not be alarmed about the price of bitcoin , it is Known that at any time the price will rise, the usual thing happens here , everyone thinks that bitcoin will rise in Price because the ETF approvals require it and it is not bad , it is logical Only now it won't happen , it will happen , but what is expected is that it will be in a range of 3 to 4 months, and those who don't know this are taking advantage of lowering the price to take the bitcoins out of the hands of those more weak hands, in this order of things we are people who will always be at the forefront of this, But we know that what others or the masses expect, the opposite happens.

This is an opportunity to buy rbitcoin at a low price , well it's not that it's that low but I'm Working if it has fallen in price and we have to take advantage of that, otherwise I don't see Anything else that Could affect it, all the time we expect it from bitcoin Well , the Opposite happens , but when what has to happen really happens , it will be a great price to which Bitcoin will rise.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: jeraldskie11 on January 19, 2024, 05:38:20 PM
Seems like Bitcoin and the whole market is in Blood days now day after that ETF approval , is this something to be alarm for? or just another Correction that we have had before the approval?

Am not worrying of anything but just curious to what had happened today?
This just means that the news is only used to manipulate the market to deceive investors to lose money. If you know how to TA we will know that it is very possible that the price of Bitcoin will go down. But those who only depend on the news will immediately believe that it will continue to rise, especially when they hear the approval of the ETF.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: UNIVERSE on January 19, 2024, 11:13:45 PM
This just means that the news is only used to manipulate the market to deceive investors to lose money. If you know how to TA we will know that it is very possible that the price of Bitcoin will go down. But those who only depend on the news will immediately believe that it will continue to rise, especially when they hear the approval of the ETF.
This makes perfect sense, whether the news is good or bad, there will definitely be manipulation in the market, the ultimate goal of which is of course to benefit the Welsh. Even though we might think that it is impossible to manipulate the crypto market, the reality is that it still exists and those who have the power can do it. Many people predict that after the ETF occurs, prices will continue to soar at an increasing rate. and most traders or investors have prepared for this. but in reality it only lasted a very short time and then it was slammed so hard that it caused panic.

 It is at this time that certain parties are partying to capture more and more Bitcoin. The aim is of course to get ready if later they can pump the market again and get high profits again. and that's the cycle
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Baofeng on January 20, 2024, 12:36:10 AM
This just means that the news is only used to manipulate the market to deceive investors to lose money. If you know how to TA we will know that it is very possible that the price of Bitcoin will go down. But those who only depend on the news will immediately believe that it will continue to rise, especially when they hear the approval of the ETF.
This makes perfect sense, whether the news is good or bad, there will definitely be manipulation in the market, the ultimate goal of which is of course to benefit the Welsh. Even though we might think that it is impossible to manipulate the crypto market, the reality is that it still exists and those who have the power can do it. Many people predict that after the ETF occurs, prices will continue to soar at an increasing rate. and most traders or investors have prepared for this. but in reality it only lasted a very short time and then it was slammed so hard that it caused panic.

 It is at this time that certain parties are partying to capture more and more Bitcoin. The aim is of course to get ready if later they can pump the market again and get high profits again. and that's the cycle

According to this numbers though,

(https://www.talkimg.com/images/2024/01/19/3p5yI.png)

https://twitter.com/BitMEXResearch/status/1745856528983171294?s=20

So there are a lot of money that did flow on the market. But perhaps this is just a easy decision to sell when the price hits $49k and everyone jumps in, push the sell button and then take profits in short term.

And then go back on the market again when the price goes to like $40k'ish. So we can't blame those who take advantage. But if we look at the long term, we still have the halving coming in April and this will be catalyst for a bull run. And maybe that's the time that this institutions will go back and fill their bags again.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: bitterguy28 on January 23, 2024, 04:28:19 AM
Seems like Bitcoin and the whole market is in Blood days now day after that ETF approval , is this something to be alarm for? or just another Correction that we have had before the approval?

Am not worrying of anything but just curious to what had happened today?
This just means that the news is only used to manipulate the market to deceive investors to lose money. If you know how to TA we will know that it is very possible that the price of Bitcoin will go down. But those who only depend on the news will immediately believe that it will continue to rise, especially when they hear the approval of the ETF.
So what about now that we can see another dumping and now this is even worst below 40k that we have been holding for 2 months.
This just means that the news is only used to manipulate the market to deceive investors to lose money. If you know how to TA we will know that it is very possible that the price of Bitcoin will go down. But those who only depend on the news will immediately believe that it will continue to rise, especially when they hear the approval of the ETF.
This makes perfect sense, whether the news is good or bad, there will definitely be manipulation in the market, the ultimate goal of which is of course to benefit the Welsh. Even though we might think that it is impossible to manipulate the crypto market, the reality is that it still exists and those who have the power can do it. Many people predict that after the ETF occurs, prices will continue to soar at an increasing rate. and most traders or investors have prepared for this. but in reality it only lasted a very short time and then it was slammed so hard that it caused panic.

 It is at this time that certain parties are partying to capture more and more Bitcoin. The aim is of course to get ready if later they can pump the market again and get high profits again. and that's the cycle
I always do believe that manipulation is on the table , though hard to believe but it is given that big news and big players are capacitated to make that run in manipulations.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: retreat on January 23, 2024, 09:17:46 AM
Even after the approval of Bitcoin ETF the Bitcoin market declined and now it has fallen past $40k USD, it proves that most of the people who invested before the approval of Bitcoin ETF only wanted short term profits and when the market did not develop as they expected they withdrew from the market. That already explains how this Bitcoin ETF only makes Bitcoin more volatile and it doesn't have any positive effect on Bitcoin, it only provides profits to the corporations.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: EthereumDev_ on January 23, 2024, 10:06:22 AM
Even after the approval of Bitcoin ETF the Bitcoin market declined and now it has fallen past $40k USD, it proves that most of the people who invested before the approval of Bitcoin ETF only wanted short term profits and when the market did not develop as they expected they withdrew from the market. That already explains how this Bitcoin ETF only makes Bitcoin more volatile and it doesn't have any positive effect on Bitcoin, it only provides profits to the corporations.
Crypto market dynamics can be very complex, influenced by various factors including market sentiment, regulation, and economic news. Bitcoin ETF acceptance may fuel volatility, but the long-term effects are still up for debate. Some investors may be looking for quick profits, while others have a long-term view of Bitcoin's growth potential. It should be noted that crypto markets tend to be volatile, and investing always involves risk.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: therozaq on January 23, 2024, 10:16:40 AM
Even after the approval of Bitcoin ETF the Bitcoin market declined and now it has fallen past $40k USD, it proves that most of the people who invested before the approval of Bitcoin ETF only wanted short term profits and when the market did not develop as they expected they withdrew from the market. That already explains how this Bitcoin ETF only makes Bitcoin more volatile and it doesn't have any positive effect on Bitcoin, it only provides profits to the corporations.

Yeah , maybe several investors just want to gain short term.
But We should have other opinion, maybe it's just manipulation from whales.
After ETF bitcoin approved , they want to buy at bottom.
So, the bitcoin price decrease.
Any assumptions here.
Keep calm and better to buy more.
Believe it, bitcoin price will go up again after bitcoin halving.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: gunhell16 on January 23, 2024, 11:53:28 AM
Seems like Bitcoin and the whole market is in Blood days now day after that ETF approval , is this something to be alarm for? or just another Correction that we have had before the approval?

Am not worrying of anything but just curious to what had happened today?

Well, honestly speaking, I don't think that the approval of those approved by the SEC is a negative or bad moment for those who gave them an application. So what can be seen here is that for those who think that Bitcoin has no future and are thinking of selling it,  there are sure to be many whale investors waiting to buy it.

That's why the 11 companies that were approved are for sure quiet, but they are just waiting for the fall. They expect Bitcoin's bottom to drop, and then they will take advantage of buying a large amount of Bitcoin. But the question is: what will be the bottom price of Bitcoin in terms of value, especially now that the value of Bitcoin is at 39k$?
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Mayajal on January 23, 2024, 11:59:23 AM
The Bitcoin market has been very bullish since the launch of the Bitcoin ETF, with only 88 days left until the Bitcoin halving. So after these 88 days Bitcoin halving will be organized, and before each halving comes a ample opportunity for investors to assign B in Bitcoin. The current low of 38K is the biggest opportunity, because if investors invest now, the Bitcoin price will definitely cross the high after the Bitcoin halving. So Bitcoin is not going down because of the approval of the Bitcoin ETF, Bitcoin is going down, which is a great opportunity for investors ahead of a halving.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: rdluffy on January 23, 2024, 01:04:06 PM
Even after the approval of Bitcoin ETF the Bitcoin market declined and now it has fallen past $40k USD, it proves that most of the people who invested before the approval of Bitcoin ETF only wanted short term profits and when the market did not develop as they expected they withdrew from the market. That already explains how this Bitcoin ETF only makes Bitcoin more volatile and it doesn't have any positive effect on Bitcoin, it only provides profits to the corporations.

To be honest, it's more related to Grayscale probably selling BTC after ETFs
ETF fees are lower than those charged by Grayscale, so many investors may migrate to them
Not to mention that FTX may also have sold its share in Grayscale, making this dump move

(https://www.talkimg.com/images/2024/01/23/kQKYI.png)
Source (https://twitter.com/blockearner/status/1749574581776761097)

In a few days the price should rise again
Title: Re: Bitcoin is dumping after ETF approval?
Post by: NicNacCoin on January 23, 2024, 01:27:36 PM
Seems like Bitcoin and the whole market is in Blood days now day after that ETF approval , is this something to be alarm for? or just another Correction that we have had before the approval?

Am not worrying of anything but just curious to what had happened today?
We can see a lot of dumping in the market since the approval of Bitcoin ETFs. I don't know exactly what kind of signal this dumping shows but we also know that the market will dump a lot before bitcoin halving maybe the current dumping tie is a signal before that bitcoin halving. But I am not afraid of this dumping as I am now preparing for investment. Although I used the DCA method for investing, in the current dumping I made myself invest with some additional funds. Hopefully I can buy bitcoins from this dumping and wait until next year after the halving until the new ATH is created.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: 0t3p0t on January 23, 2024, 01:57:42 PM
For me this is quiet normal with Bitcoin. Every time there's an ATH correction will follow. But if there is something really happening on the market right now I think whales dumping their holdings and yeah this is not new.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Primo1760 on January 23, 2024, 11:06:30 PM
Seems like Bitcoin and the whole market is in Blood days now day after that ETF approval , is this something to be alarm for? or just another Correction that we have had before the approval?

Am not worrying of anything but just curious to what had happened today?
After the approval of the Bitcoin ETF, the Bitcoin market rose slightly, but since the approval of the Bitcoin ETF, there has been a lot of bloodshed in the market. We can see that the Bitcoin market is at today's low of $38,555. This may be your last chance to invest before the Bitcoin halving. But those influential market experts are not deterred from investing right now, they have invested and are waiting for a very quick profit. But the current dumping I have not missed I have invested myself though my amount is less. I am not at all worried about this dumping of Bitcoin as this dumping is an early sign of a bull run.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: satpol_PP on January 24, 2024, 03:09:56 AM
it's bad condition, after ETF approved bitcoin price dropped.
Hopefully it's just whales manipulation and bitcoin price will go up again more 50K to face bitcoin having April this year.
We realize, crypto market is always volatile and unpredictable.
But I think we still have opportunity to buy more bitcoin and altcoin at this time
Title: Re: Bitcoin is dumping after ETF approval?
Post by: TopT3ns on January 24, 2024, 03:33:12 AM
it's bad condition, after ETF approved bitcoin price dropped.
Hopefully it's just whales manipulation and bitcoin price will go up again more 50K to face bitcoin having April this year.
We realize, crypto market is always volatile and unpredictable.
But I think we still have opportunity to buy more bitcoin and altcoin at this time
Bitcoin and altcoin prices are influenced by various factors such as market sentiment, adoption, regulatory changes and macroeconomic events.

If you believe in the long-term growth potential of Bitcoin and certain altcoins, and have a good investment strategy, buying low could be an opportunity. However, it is important to conduct thorough research before making an investment decision, understand the risks involved, and only invest funds you can afford to lose.

Meanwhile, if the Bitcoin price movement approaches halving, there is a possibility that it will rise again to $50k depending on demand and good news circulating on several news sites.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Altcoin1998$ on January 24, 2024, 04:19:58 AM
Seems like Bitcoin and the whole market is in Blood days now day after that ETF approval , is this something to be alarm for? or just another Correction that we have had before the approval?

Am not worrying of anything but just curious to what had happened today?
After the Bitcoin ETF approval, the Bitcoin market was expected to rise, but instead of Bitcoin rising, there was a rather large correction. I think the massive dumping after the Bitcoin ETF approval is essentially a golden opportunity for Bitcoin investors ahead of the Bitcoin halving.  Bitcoin halving time is not much because it can be predicted with certainty that the Bitcoin market will increase a lot after April. Those who can use this downward market i.e. those who can invest at this time will definitely have the possibility of getting big profits after Bitcoin halving.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: DAMKAR on January 24, 2024, 04:46:04 AM

Meanwhile, if the Bitcoin price movement approaches halving, there is a possibility that it will rise again to $50k depending on demand and good news circulating on several news sites.

Yeah, demand always being basic factor for price of crypto.
When demand increase and supply stuck, I think bitcoin price will go up.
Hopefully nothing negative issue  against bitcoin and crypto.
We always face the FUD, but keep calm.
Bitcoin has been predicted will touch new ATH at this year, So I don't care about negative news.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: famososMuertos on January 24, 2024, 05:03:52 AM
it's bad condition, after ETF approved bitcoin price dropped.
Hopefully it's just whales manipulation and bitcoin price will go up again more 50K to face bitcoin having April this year.
We realize, crypto market is always volatile and unpredictable.
But I think we still have opportunity to buy more bitcoin and altcoin at this time

In reality, if there was an expectation for the price to rise and it happened, right? now what happens is that there are only exits and they are reflected in GBTC  (https://cointelegraph.com/news/bitcoin-spot-etfs-76-million-outflows-day-seven-trading)as the main "benefactor", for now the entries are few for the ETFs.

Additional information:https://cointelegraph.com/news/bitcoin-spot-etfs-76-million-outflows-day-seven-trading
Title: Re: Bitcoin is dumping after ETF approval?
Post by: MVL~$ on January 24, 2024, 05:13:07 AM
The price of Bitcoin has decreased slightly in these few days. But I think this is the perfect time to invest and hold on to Bitcoin. ETF Bitcoin market will definitely have impact but maybe after some time. We still have time to collect coins.  Bitcoin will likely rise in value soon.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Perfect540 on January 24, 2024, 09:00:05 AM
The price of Bitcoin has decreased slightly in these few days. But I think this is the perfect time to invest and hold on to Bitcoin. ETF Bitcoin market will definitely have impact but maybe after some time. We still have time to collect coins.  Bitcoin will likely rise in value soon.
No effect of Bitcoin spot ETF approval is observed with Bitcoin market fluctuations.  Many of us thought in advance that the Bitcoin spot ETF would increase in price if the Bitcoin spot ETF was approved, but in reality, the opposite has happened.  After the approval of the Bitcoin ETF, the Bitcoin market rose for two to four days, but recently the Bitcoin market has fallen so much that it has dropped from $48,000 to $39,000.  Many experts have predicted that Bitcoin will most likely go below $30,000.  So we can easily understand that bitcoin spot ETF approval has nothing to do with bitcoin price decline.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Peter90 on January 24, 2024, 10:48:11 AM
Reasons Why Bitcoin is Dumping after
the historic spot ETF approval -

1) There was a strong speculation
leading towards the ETF approval,
now it’s approved people doesn’t
have anything to speculate on and
many expected it to pump towards
$55k after approval coz that didn’t
happen people are just taking profits
or selling in disappointment.

2) Bitcoin pumped from the Bottom
of $15,400 to $49,000 with fomo
elements of ETF so the correction
was naturally due and this might be
sell thenews event for many who
bought bitcoin earlier below $20k.

3) Money is moving from Bitcoin to
ETH now. People are selling BTC and
buying ETH coz they know ETH spot
ETF is coming next and ETH haven’t
really pumped yet so they are moving
to undervalued asset.

Nice analysis

4) Banks... financial institutions... Wall Street... insiders... financial media... playing again their game, just as 2 years ago when ProShares Bitcoin Strategy ETF (BITO) launched on 19 October 2021

"Though I haven’t spotted any signs as of yet that a big crash is coming after the release of the spot BTC ETF, this is the typical banker modus operandi after releasing a BTC derivative product."

Impact of the upcoming BTC ETF on the BTC price: A contrarian view (https://www.altcoinstalks.com/index.php?topic=314833.msg1479088#msg1479088)
Title: Re: Bitcoin is dumping after ETF approval?
Post by: bitterguy28 on January 24, 2024, 12:23:53 PM
The price of Bitcoin has decreased slightly in these few days. But I think this is the perfect time to invest and hold on to Bitcoin. ETF Bitcoin market will definitely have impact but maybe after some time. We still have time to collect coins.  Bitcoin will likely rise in value soon.
It grows back now above 40k and staying good that is temporary dump as some are selling so its just correction and make sure that you have all have bought at that cheaper price because it might be the lowest we can have till the bull comes , take this advantage in buying more guys .
Title: Re: Bitcoin is dumping after ETF approval?
Post by: elbans89 on January 25, 2024, 12:39:08 PM

It grows back now above 40k and staying good that is temporary dump as some are selling so its just correction and make sure that you have all have bought at that cheaper price because it might be the lowest we can have till the bull comes , take this advantage in buying more guys .

Yeah, bitcoin is growing up again.
It's correction after ETF approved or manipulation.
Whales want to buy more bitcoin in bottom.
We didn't why..
But forget it, better to buy more when dump.
It's about long term investment.
Buy now when low and hold until next year.
We can sell at bullish season.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Rubel007 on January 25, 2024, 03:43:43 PM
The price of Bitcoin has decreased slightly in these few days. But I think this is the perfect time to invest and hold on to Bitcoin. ETF Bitcoin market will definitely have impact but maybe after some time. We still have time to collect coins.  Bitcoin will likely rise in value soon.
It grows back now above 40k and staying good that is temporary dump as some are selling so its just correction and make sure that you have all have bought at that cheaper price because it might be the lowest we can have till the bull comes , take this advantage in buying more guys .
Ups and downs are the religion of trading platform. So the price fluctuation is not major issue. Bitcoin is now in the spotlight in the world of trading, people have different strategies with it. There was a lot of discussion for the Bitcoin ETFs approving but despite the Bitcoin ETFs approval the price of Bitcoin started to fall. I think this is a strategy in trading platform. But an investor needs to understand that there are different games play in this platform. While whale investors sit down to get an opportunity to buy, some investors are frustrated and thinking of selling Bitcoin. A good dreamers of Bitcoin will surely take this dump as their opportunity.

The phenomenon we see in Bitcoin price declines is that Grayscale charges 1.5 percent from their clients while BlackRock charges 0.12 percent. Maybe these charges have some effect on the market. But in fact these are nothing. The implication here is to buy the dip and hold.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: summonerrk on January 26, 2024, 07:23:58 AM
We all failed to calm down after the announcement of the adoption of the ETF, as the US Government notified of its intention to sell 2,875 BTC worth ~ $115 million, confiscated from drug dealers of the Silk Road darknet marketplace.
And note that this is just a notification, and I always take seriously only actions after the fact. And notifications are for FUD. And I have a feeling that there will only be more of it.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Linda78 on January 26, 2024, 10:20:58 AM
After the Bitcoin ETF was approved, everyone thought that the value of Bitcoin would increase, but the opposite happened.  I think that the Bitcoin market seems to be going down a lot.  A golden opportunity is coming for investors to dump the price of Bitcoin.  It is especially well understood that Bitcoin will start pumping again after about half of this year.  Now if investors keep buying bitcoins with their money, investors will definitely get good results.  Now is the best time to take advantage of this bearish market for Bitcoin.  I think it's pretty clear that the Bitcoin Spot ETF approval has nothing to do with Bitcoin dumping the market.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: dekafee79 on February 25, 2024, 12:51:32 PM
After the Bitcoin ETF was approved, everyone thought that the value of Bitcoin would increase, but the opposite happened.  I think that the Bitcoin market seems to be going down a lot.  A golden opportunity is coming for investors to dump the price of Bitcoin.  It is especially well understood that Bitcoin will start pumping again after about half of this year.  Now if investors keep buying bitcoins with their money, investors will definitely get good results.  Now is the best time to take advantage of this bearish market for Bitcoin.  I think it's pretty clear that the Bitcoin Spot ETF approval has nothing to do with Bitcoin dumping the market.

The price of bitcoin has shown good movement, friends, it has even touched $52K, currently there is a small correction down to $51K. I believe tomorrow morning it will be back to $52K and start climbing to $55K
Title: Re: Bitcoin is dumping after ETF approval?
Post by: kulkhan on February 25, 2024, 08:38:37 PM
Seems like Bitcoin and the whole market is in Blood days now day after that ETF approval , is this something to be alarm for? or just another Correction that we have had before the approval?

Am not worrying of anything but just curious to what had happened today?
It was correction i think. After some correction Bitcoin price Again increasing. After Bitcoin sport ETF approval Bitcoin price were some down. But now Showing well position. Now bitcoin price near about $51k.
I think impact of ETF approval bitcoin price will go above $60k.

And after some days Bitcoin halving will happen then Bitcoin price will up more and more. But it also true that up and down is natural behaviour of cryptocurrency. So always it will happen. But i believe after halving within one year Bitcoin price will hit minimum $180k. Because gradually we are going to real bull session.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: EthereumDev_ on February 26, 2024, 11:59:13 PM
The price of bitcoin has shown good movement, friends, it has even touched $52K, currently there is a small correction down to $51K. I believe tomorrow morning it will be back to $52K and start climbing to $55K
Currently the price of Bitcoin has almost touched $55k, as you mentioned the price has gone up again, so far your prediction is quite correct and I really follow the movement of Bitcoin prices from what you mentioned, I hope the price of Bitcoin can reach the target price of $100k immediately before the halving.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Yamane_Keto on February 27, 2024, 03:19:26 AM
Although several weeks have passed since the ETF's cash flows are still amazing, as BlackRock's Bitcoin ETF raised more than $1 billion in one trading day.

(https://talkimg.com/images/2024/02/27/YeTfN.png)

If we continue to grow like this, these ETFs will resort to the spot market soon, and then the price may rise faster than currently.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: JoyMarsha on February 27, 2024, 10:33:50 PM
The price of bitcoin has shown good movement, friends, it has even touched $52K, currently there is a small correction down to $51K. I believe tomorrow morning it will be back to $52K and start climbing to $55K
The price of bitcoin has climbed to $57k as of right now; it is unclear if this is a peak price or if it will drop to $50k before the halving. However, the approval of the bitcoin ETF has significantly boosted the price of bitcoin, and if the price increase keeps up the current momentum, it could surpass its previous all-time high before the halving season. 
Title: Re: Bitcoin is dumping after ETF approval?
Post by: IvugeoEvolutionCoin on February 28, 2024, 09:21:56 AM
Although several weeks have passed since the ETF's cash flows are still amazing, as BlackRock's Bitcoin ETF raised more than $1 billion in one trading day.

(https://talkimg.com/images/2024/02/27/YeTfN.png)

If we continue to grow like this, these ETFs will resort to the spot market soon, and then the price may rise faster than currently.
It is natural that when you see that one of the coins which has the main commodity of a digital currency such as Bitcoin will have such a large trading volume, the ETF shows very good news, apart from the ETF, there will be a halving coming in the next few days, I think it will provides even better news and will most likely provide even more surprises in the next few days.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Peter90 on February 28, 2024, 05:21:21 PM
(https://pbs.twimg.com/media/GHXlGNsXwAMqV40?format=png&name=large)


https://x.com/TFMetals/status/1762566834518159762?s=20
Title: Re: Bitcoin is dumping after ETF approval?
Post by: legend45 on February 28, 2024, 07:49:32 PM

It is natural that when you see that one of the coins which has the main commodity of a digital currency such as Bitcoin will have such a large trading volume, the ETF shows very good news, apart from the ETF, there will be a halving coming in the next few days, I think it will provides even better news and will most likely provide even more surprises in the next few days.

You are right the bitcoin ETF and botcoin halving is a good thing that makes bitcoin look very strong lately.  Even the price of bitcoin has touched $63K.  This is something very good, so I don't have any bad news until the bullish season.
 Bitcoin dump after ETH approved, it has passed.  Just a slight correction because someone sold large amounts of bitcoin, and now bitcoin is strong again.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: vegasus on February 28, 2024, 09:52:14 PM
You are right the bitcoin ETF and botcoin halving is a good thing that makes bitcoin look very strong lately.  Even the price of bitcoin has touched $63K.  This is something very good, so I don't have any bad news until the bullish season.
 Bitcoin dump after ETH approved, it has passed.  Just a slight correction because someone sold large amounts of bitcoin, and now bitcoin is strong again.
Yes, precisely because the Bitcoin ETF approval was one of the triggers for Bitcoin prices to soar rapidly this time. Indeed, at the beginning of yesterday, Bitcoin dropped a lot after the ETF. However, it could be one of the things that is already common with Bitcoin prices, it will fall first to soar to much higher numbers. And that is proven now. Just look, even today, the price of Bitcoin is soaring, I can't even believe this. Wow, that's really amazing. Even though the price of BTC will drop again in the future, it will definitely still be above $50kk, it seems. So, the Bitcoin trend has become very positive this time. Is it possible that the real bullish era will actually be ahead of the usual cycle?
Title: Re: Bitcoin is dumping after ETF approval?
Post by: LUCKMCFLY on February 28, 2024, 10:22:23 PM
You are right the bitcoin ETF and botcoin halving is a good thing that makes bitcoin look very strong lately.  Even the price of bitcoin has touched $63K.  This is something very good, so I don't have any bad news until the bullish season.
 Bitcoin dump after ETH approved, it has passed.  Just a slight correction because someone sold large amounts of bitcoin, and now bitcoin is strong again.
Yes, precisely because the Bitcoin ETF approval was one of the triggers for Bitcoin prices to soar rapidly this time. Indeed, at the beginning of yesterday, Bitcoin dropped a lot after the ETF. However, it could be one of the things that is already common with Bitcoin prices, it will fall first to soar to much higher numbers. And that is proven now. Just look, even today, the price of Bitcoin is soaring, I can't even believe this. Wow, that's really amazing. Even though the price of BTC will drop again in the future, it will definitely still be above $50kk, it seems. So, the Bitcoin trend has become very positive this time. Is it possible that the real bullish era will actually be ahead of the usual cycle?

I have thought about that, although I see that what happened today was something very given to old investors, that is, those investors from 2017 who have a lot of bitcoin, a lot of money and can make those Stock market movements to test the line of Offers Maybe it was that and it could Make a difference, this time I think it is the rise of Bitcoin thanks to the ETF, for me it was that it is a Natural movement of the market and due to the toughest investors there are.

For me the effect of the ETF may be that it gives some Vision for April , not for now it is very recent, for that same reason we must be careful, sometimes Emotions can mislead us and not think Clearly, but it is very valid to do so , but the Effect of the ETFs for me will not Happen yet, and it may Accumulate with the Pre-halving, this is Actually getting very good.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Baofeng on February 28, 2024, 10:33:44 PM
You are right the bitcoin ETF and botcoin halving is a good thing that makes bitcoin look very strong lately.  Even the price of bitcoin has touched $63K.  This is something very good, so I don't have any bad news until the bullish season.
 Bitcoin dump after ETH approved, it has passed.  Just a slight correction because someone sold large amounts of bitcoin, and now bitcoin is strong again.
Yes, precisely because the Bitcoin ETF approval was one of the triggers for Bitcoin prices to soar rapidly this time. Indeed, at the beginning of yesterday, Bitcoin dropped a lot after the ETF. However, it could be one of the things that is already common with Bitcoin prices, it will fall first to soar to much higher numbers. And that is proven now. Just look, even today, the price of Bitcoin is soaring, I can't even believe this. Wow, that's really amazing. Even though the price of BTC will drop again in the future, it will definitely still be above $50kk, it seems. So, the Bitcoin trend has become very positive this time. Is it possible that the real bullish era will actually be ahead of the usual cycle?

Maybe because in the beginning, the ETF approval was seen to be negative. But just look at the current prices, it hits $64k already. So there's no more dumping or what not as we are very bullish at this point.

Yes, it's amazing to see this jump, but it's not the end of it all, this is just the beginning. Now we are looking for a new all time high before the halving and then next year, a minimum of 6 digits its on the horizon.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: EthereumDev_ on February 28, 2024, 10:36:06 PM
The price of bitcoin has climbed to $57k as of right now; it is unclear if this is a peak price or if it will drop to $50k before the halving. However, the approval of the bitcoin ETF has significantly boosted the price of bitcoin, and if the price increase keeps up the current momentum, it could surpass its previous all-time high before the halving season.
The ETF provides a surprise for Bitcoin price movements which are increasingly increasing rapidly because the existence of this ETF helps Bitcoin price movements. So far there are two factors driving the price of Bitcoin to be this expensive, from the existence of the ETF and the approaching Halving which makes the price expensive like this.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: IvugeoEvolutionCoin on February 28, 2024, 11:35:01 PM
Maybe because in the beginning, the ETF approval was seen to be negative. But just look at the current prices, it hits $64k already. So there's no more dumping or what not as we are very bullish at this point.

Yes, it's amazing to see this jump, but it's not the end of it all, this is just the beginning. Now we are looking for a new all time high before the halving and then next year, a minimum of 6 digits its on the horizon.
Currently, the price of Bitcoin can reach $64k because of the ETF, which makes it very easy for people to buy Bitcoin, so the price can become very expensive. Imagine if there was bad news, such as the rejection of the ETF, then the price would not be able to be this expensive. The Bitcoin price still has the potential to reach $200k because the available supply is only 21 million Bitcoin pieces.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Wiseman on February 29, 2024, 08:00:36 AM
Seems like Bitcoin and the whole market is in Blood days now day after that ETF approval , is this something to be alarm for? or just another Correction that we have had before the approval?

Am not worrying of anything but just curious to what had happened today?

It was predictable, especially for those who have been in crypto for years and you see it for yourself after a while (that everything is fine) and it's just a small market dump to buy your own and start growing.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: doc on March 01, 2024, 06:07:11 PM
Seems like Bitcoin and the whole market is in Blood days now day after that ETF approval , is this something to be alarm for? or just another Correction that we have had before the approval?

Am not worrying of anything but just curious to what had happened today?

It was predictable, especially for those who have been in crypto for years and you see it for yourself after a while (that everything is fine) and it's just a small market dump to buy your own and start growing.

Currently everything is fine, bitcoin has shown a significant price increase and has touched $64K.  An achievement that makes us amazed, because it occurred before the bitcoin halving.  The decline after ETF approval was not a big problem, because it had already passed.  Now we should focus on the new ATH.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Jamal Aezaz on March 01, 2024, 06:17:34 PM
That was nothing to worry about because we all know that after a huge increase we sometimes see a correction. That decrease was not because of bitcoin ETF approval but that was actually because of correction and may be due to generation of some bad news.

You will be familiar with the fact that From that point till today there was a less duration but in such little duration we have examined huge pump like that of 62k$. Lower price does not persists longer so if we are examining bitcoin or any other coin at lower price then keep in mind that we are near to the Bull season and correction is necessary before entering into Bull season.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Wiseman on March 02, 2024, 08:05:22 AM
Seems like Bitcoin and the whole market is in Blood days now day after that ETF approval , is this something to be alarm for? or just another Correction that we have had before the approval?

Am not worrying of anything but just curious to what had happened today?

It was predictable, especially for those who have been in crypto for years and you see it for yourself after a while (that everything is fine) and it's just a small market dump to buy your own and start growing.

Currently everything is fine, bitcoin has shown a significant price increase and has touched $64K.  An achievement that makes us amazed, because it occurred before the bitcoin halving.  The decline after ETF approval was not a big problem, because it had already passed.  Now we should focus on the new ATH.

Yes , I agree , the main thing is that this ATH should not be at the level of 70000$ ))) we are all waiting for big market growth and want to see bitcoin far beyond 100k , it is always optimistic as nothing grows like that except cryptocurrencies including bitcoin .
Title: Re: Bitcoin is dumping after ETF approval?
Post by: DAMKAR on March 02, 2024, 09:10:45 AM

Yes , I agree , the main thing is that this ATH should not be at the level of 70000$ ))) we are all waiting for big market growth and want to see bitcoin far beyond 100k , it is always optimistic as nothing grows like that except cryptocurrencies including bitcoin .

It is likely that bitcoin will reach an ATH of more than $100K in the next year, as the price of bitcoin is currently high at $62K. I still hope bitcoin will touch the new ATH of $200K, this is a high expectation But I want to try to hold it
Title: Re: Bitcoin is dumping after ETF approval?
Post by: Wiseman on March 03, 2024, 07:29:26 AM

Yes , I agree , the main thing is that this ATH should not be at the level of 70000$ ))) we are all waiting for big market growth and want to see bitcoin far beyond 100k , it is always optimistic as nothing grows like that except cryptocurrencies including bitcoin .

It is likely that bitcoin will reach an ATH of more than $100K in the next year, as the price of bitcoin is currently high at $62K. I still hope bitcoin will touch the new ATH of $200K, this is a high expectation But I want to try to hold it

I think that bitcoin can be held until the 25th year, most likely the strongest growth will be at the beginning of next year, but it is for everyone to decide, the bar of 200k is quite realistic and I think that bitcoin will be able to overcome it.
Title: Re: Bitcoin is dumping after ETF approval?
Post by: NikeFit_7777 on March 03, 2024, 06:22:30 PM
The price of bitcoin has climbed to $57k as of right now; it is unclear if this is a peak price or if it will drop to $50k before the halving. However, the approval of the bitcoin ETF has significantly boosted the price of bitcoin, and if the price increase keeps up the current momentum, it could surpass its previous all-time high before the halving season.
Wait, let's still wait for halving + adoption of other spot ETFs. Believe me, there's still plenty of positive news (maybe) to come - which will then have a huge impact on the price. + those who bought at current prices in '21 can already go to zero, unless of course they sold out. There are literally 65 days left to halving (yes it may not affect the price), but bitcoin mining will decrease - and that's a big deal.

P.S. There's an unspoken rule about attachments. The less you overestimate expectations, the more income you get (in theory). But in practice, as always depends on the amounts/does assets etc. In any case, those who bought before the spot ETF-BTC was accepted are already in a nice plus.  ???