What do you make of the bitcoin price resiliency despite ETF denials. Previously any FUD or even rumor of FUD would cause at least a mini panic sale. But now our "sails" are steady. Does this mean that bitcoin has matured to a new level? Does this mean there are factors in the crypto market that make bitcoin a desirable attraction even without ETF approvals? Share your thoughts.
ETF is not the be-all and end-all of Bitcoin. I want to take you all back to the days when Bitcoin was considered an underground, even an illegal online, currency. There was skepticism all over and yet Bitcoin managed to grow so huge that such negative views were taken a second review and ended up discarded by a lot of antagonist, who eventually became Bitcoin supporters. Bitcoin does not depend on ETF. Wait for at least a month or two from now and you will realize that Bitcoin's growth does not really depend on the traditional institutions' nods.