Visualizing the Bitcoin ETF from Gold ETF history.
The infographic compares GOLD ETF with Bitcoin ETF (if approved) and how ETF could impact Bitcoin. It is clear to see that there should be some pump if ETF is approved as looking at the GOLD chart history, after ETF it just skyrocketed.
Also, would appreciate if you support us and retweet this infographic from twitter
https://twitter.com/wo_crypto/status/1020186956637057024
Credit: https://t.me/whatsoncrypto
The infographic compares GOLD ETF with Bitcoin ETF (if approved) and how ETF could impact Bitcoin. It is clear to see that there should be some pump if ETF is approved as looking at the GOLD chart history, after ETF it just skyrocketed.
Also, would appreciate if you support us and retweet this infographic from twitter
https://twitter.com/wo_crypto/status/1020186956637057024
Credit: https://t.me/whatsoncrypto
Gold and bitcoin are not the same nor similar. Gold is a physical mineral while bitcoin is digital, this means that the digital gold being traded is backed up by the physical gold. Bitcoin is not the same hence we cannot be certain that during the approval of bitcoin etf, bitcoin will really increase in value. But I guess we dont need to worry since bitcoin is already starting to move up and it will eventually hit 10k dollars by the end of July, 2018.