Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
That's the news indeed. I'll wager an ETF is due soon on the other side of the Atlantic, too. The official reason for SEC changing their mind will probably be "now we have futures and options, so there is a proper way to stabilize reserve and clearings".
All they're doing is probably buying on behalf of clients through their regular platforms. They may not like it, but they do like the fees.
Hm... in my blinding optimism I hadn't considered this easier explanation
But... all together? On that perfectly aligned technical point?
Still 50/50 undecided.
If the dump/instant whale buy pattern repeats, I might lean back towards my original guess.