Bitcoin is getting reconsidered once again do you think its going to get approved or denied? Approval does it mean BTC rockets up ? Denial does it mean it takes a dump like in March? May 15th is the last day of approval.
i think if rejected, much people can dump bitcoin
the big bitcoin investor can playing price to buy bitcoin in low price with dump
We have not seen a huge dump during the first rejection of ETF, and a bitcoin price increased on the 2nd rejection of Bitcoin ETF. I do not think that the upcoming decision after SEC review the Bitcoin ETF have a major effect on bitcoin price if it gets rejected. It may pump the price if the decision is reversed and accepted the Bitcoin ETF since it will bring in more fund to Bitcoin economy.