The Bitcoin price as of now is dancing because of the ETF news. US SEC will announce its Bitcoin ETF decision on 10 August 2018. It is being said that, it might happen that SEC approves CBOE ETF on 10 August and if it happens, we can see a parabolic bull run in Bitcoin price. Until then, it may hover between $7600 to $9000. What do you think? Where is Bitcoin heading and what about the Altcoins and the rest of the Cryptos?
Maybe the price of bitcoins will pump up to $9k dollars but it will never decrease below $6k again because most of the people today are investing since it was expected that bitcoins will reach $50k dollars before the end of the year.