Whether we end this year a bear or bull market, I still believe in the technology and always supporting bitcoin. What are your thoughts on this guys?
the consolidation was a pretty interesting thing so far. we have reached the bottom at $6k and then stayed there for quite a long time and despite all the drama and the small rise and falls, price is pretty much the same. i would say we are going to see the rise start soon but i still don't think it will be a big FOMO buy rise to the moon yet!
ETF decision won't affect bitcoin value that much. There are still lots of die hard bitcoin supporters lurking in the shadows who believes in the technology. The bitcoin community won't just let bitcoin go down the drain cos of ETF decision being turned down.
it is not just that, it is also the fact that SEC rejected so many of them and has postponed a lot more that people stop caring about what will be their decision about bitcoin. at some point people were mostly interested because they thought ETF will be the savior which will make the price rise and make them rich. they give up on that too.