Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: ayatoslaw on October 12, 2018, 08:12:41 PM
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Last night BTC began to fall again after a few days before getting the green color, and most of the opinions came from the issue of ETF.
But the question is, is this a sign that bullrun will occur? because if it is true then it is time for bounty hunters and investors to harvest the results by the end of 2018.
what do you think?
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Until now everyone is waiting for the increase in bitcoin and altcoin prices, the SEC announcement about Bitcoin ETFs will affect the price of bitcoin? Maybe not, we can see how Bitcoin can touch the price of $ 20k without a decision from a particular institution.
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Until now everyone is waiting for the increase in bitcoin and altcoin prices, the SEC announcement about Bitcoin ETFs will affect the price of bitcoin? Maybe not, we can see how Bitcoin can touch the price of $ 20k without a decision from a particular institution.
Opinion is free.
Prediction is also free but possible to mislead the entire land believers into drastic fall.
The analysis and practical with accordance to realistic reasoning can help to have hope that bitcoin can stand without a decision from particular institutions.
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As you see, the whole market fell again and all these movements were fake because the market grew by 10-15 billion and again these 10-15 billion disappeared somewhere. Probably the whales are proving something.
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Most likely, the trend in the cryptocurrency market will not change until the end of the year, primarily due to the lack of positive news. Perhaps the news on ETF will appear closer to February and then maybe the market will react to them by growth!
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I guess there no connection bull market and ETF approval. ETF has already affected Bitcoin price. It can affect again but it never be the reason of bull or bear.
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I don't see a serious sign for bullrun yet. ETF cannot be the indicator for the sign of next bullrun. It may just trigger for the real signs, but who knows for the results. On the other hand, till now, we don't hear a positive improvement of the progress for ETF proposal.
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I am confused with ETF proposal, why SEC always delays the decision. Because of this case, many investors are less interest to invest in Bitcoin and Altcoins. I think SEC has a certain plan for crypto market. I guess it is not a bad plan but a good plan. ETF proposal may result for big effects on market.