Financial experts and theorists say ETFs can have the same if not BIGGER effect on BC price than futures, which can send BTC soaring to 20k and beyond!
The biggest problem is: " Financial experts "; why? Because it seems to me that these guys are just optimistic and make very high price forecasts because they bought very low and want to have high profits. Because it is not normal the forecasts that they do, see that presently we have a lot of pressure from governments, there are banks that do not accept to do business with exchange, there are china and india that have become enemies of bitcoin, I do not see much demand coming of many countries except the US, Japan, South Korea. So how can they make prediction so optimistic? oh they talk about institutional money, but forget that to enter institutional money we need governments to implement more flexible regulations
What are your opinions?
the biggest calatizador would be if the banks were more understanding and accepted cryptos and the governments implemented favorable regulations for cryptos