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Re: Why Bitcoin Will Hit New Highs - ETF Date August 10th
by
wozzek23
on 29/08/2018, 06:12:53 UTC
We have Bitcoin testing its bottom for the third time, Coinbase adding Custody, South Korea flipping for the 10th time allowing and regulating cryptocurrencies, and the $4 billion dollar EOS raise finally finishing its Ethereum dump on the marketplace. Bitcoin’s next run will go further and happen quicker than people realize.

In the news, we have Europe’s largest trader of exchange-traded funds is moving into crypto and the CBOE applying for a Bitcoin ETF again. August 10th is the date to watch for the approval or disapproval of the ETF. Even if it gets rejected like the other times, it will provide clarity as to what is needed to approve one.

We discuss the latest news and give our insights as a mix of traders from firms such as JP Morgan. Give the latest episode a listen!
How sure are we about that? I don’t really rely on these predictions anymore I just do as my mind says though I do some research too… but after I have seen so many predictions fail, then I don’t rely on them anymore. I’m sure that the price of Bitcoin will rise, but what I’m trying to say is that we are not yet sure whether it will reach a new high or stay below the price it got to last year.