I'm thinking if the ETF is approved, we will see the price reach nearly $1500 but there will be resistance.
On the other hand, what I am expecting, is for a drop to possibly below $1000 where it will quickly correct back to ~$1150 by Tuesday morning.
No matter the outcome, make sure you're strapped in for the ride!!
By the time April comes around we will once again see a steady rise and be pushing $1400, even with the ETF failing to be approved.
On the other hand, what I am expecting, is for a drop to possibly below $1000 where it will quickly correct back to ~$1150 by Tuesday morning.
No matter the outcome, make sure you're strapped in for the ride!!
By the time April comes around we will once again see a steady rise and be pushing $1400, even with the ETF failing to be approved.
i am starting to think that the ETF approval is going to be a dispointment, because when it is approved there is no "new money" coming in. it is the same old people and they have already bought and are waiting for taking their profit so it may not go up at all!
but if it is not approved, it will drop but i don't think $1000 resistance can be broken that easily.