Hello i saw on centrabit app, they wrote article about the ETF.. we will see 2500-3000$ each BTC?
check out here:
http://www.centrabit.io/It is certainly possible. Consider that the ETF would mean that anyone can go to their local bank and buy the COIN shares. It doesn't matter if you are a regular blue collar worker or a wall street shark, or an huge billionaire mogul... as long as you got a bank account im sure they will be willing to buy it for you.
This means massive amounts of money coming in. The marketcap is tiny, so price can go up quickly.
If it doesn't pass, I think the dip will not be that noticeable.
Yes, if SEC approve ETF which investors could see it as good opportunity to invest on bitcoin, it will be.
But, I hope stable increases than fast climb up and then fall down again. For them (investors) a regulation and legitimacy from SEC is a big deal as huge amount of money involved, so the increase is inevitable.