So when does everyone think we will breach, and hopefully stay over, the $1300 mark again?
Bitcoin has all the reasons to have prices like $1500 levels, so the rejection of etf application will not impact bitcoin prices that much hopefully, bitcoin prices will continue its progress normally like what we have seen in late 2016. I'm very much sure we're going to see $1300 again before end of this month itself.
The ETF news was a perfect opportunity for traders to manipulate the price in the short term.
That etf phase was good not just for traders also in those times bitcoin got promoted heavily through media coverages when it was outnumbering gold prices. Hence we can believe bitcoin will keep on attracting new investors like the current prices are good time for them to get into.
that is right. I saw many times that the bitcoin is mentioned in financial channels. More people will know it.