but with such an great increase just before an 60 a 70% chance of a little dump (ETF) seems quite strange to me. It seems that the market dont expect a 'big' dump. Is this an usual patern to the earlier ETF aproval dates. And didnt the price pumped and decreased in the earlier ETF scenario's ?
I'll say it again, despite all the chatter about an ETF pump, the ETF is small fry compared to bigger market forces at work. Bitcoin doesn't care about an ETF
Actually always market needs some good news to boost the price of Bitcoin and the same is when market is reacting on the ETF news but actually when they will knew that ETF is not a big deal then it will react in selling of bitcoins and like this the price will start decline. So it is always that any good or bad news needed to move the price of bitcoin and the traders use it to fluctuate the price.