Hi everyone,
I have read that the 11th March is the deadline for the SEC ( Security and Exchange Commission ) to approve... or not Bitcoin in ETF ( Exchange Trade Fund ). What does that exactly mean for Bitcoin? Will there be a boom in prices if it is approved? Will there be a drop if it is rejected? Or nothing?
Thanks for your opinions. I am looking forward to invest many bitcoins but i would actually see whenever it has the best price before a next boom.
We may not see a drop if the ETF is not approved, just like we didn't see a drop recently after PBOC launched another missile after they claimed they would delay withdraws for more time.
Bitcoin is growing up to be independent. If there is no ETF, we may dip a bit, or nothing at all, but if you have shorts set, and we pump really hard, you will go broke, so caution with those shorts.