The ETF could still bring Bitcoin down a lot though. IMO people will expect it to be approved which will cause more of a big pump and loads of people buying Bitcoin, but if it's declined it could cause way less confidence in Bitcoin's future and that could totally mess up this surge of users recently.
i don't think so, by how fast the climb was when we reached the last bottom of $700 due to panic dumping caused from chinese, i can confidently sayign that $1000 is the new bottom
at worst you are loooking at $300 dump or less, it will recover as a fast after the EFT thing, and btw this increase is not all about EFT
you think that japan really care about EFT when they are building their own exchange there? and japan is holding the highest volume now in bitcoin market...