SEC has until Feb 24 to approve or reject Winklevoss bitcoin etf...if COIN etf is approved...price will automatically double to $2,000(SEC approval means bitcoin is a legitimate asset class)...once trading begins on bats...mutual funds and hedge funds will buy like crazy and price will hit $5k by mid year...if segwit is activated and lightning network becomes operational and more and more countries turn to bitcoin as a safe haven...we will hit $10,000 by end of year...in the end speculation is just about money flows...just my 2 cents...but I can imagine when bitcoin was $100 and people said it was going back to $5 and it went to $1163...we shall see...I own 100 btc
The Winkelvoss ETF has been coming for years and still hasn't arrived. Even if it gets approved it could take many more years until it has a noticeable effect upon the price of Bitcoin if at all.