Some group of people has argued we will experience another high surge in Bitcoin Price early 2019 when ETF get approved while some said ETF does not have any crucial role in influencing Bitcoin Price positively. From the little experience i have acquired since i started trading on Cryptocurrencies , i have got to realize price Predictions has never been any effective .The underlying theory of Bitcoin price determinants still remain a mystery unlike in traditional market unless someone got a Crystal ball. lols. Some experts has made lots of wrong prediction in the past.
It would definitely have a great positive influence in bitcoin price but the question is why are we acting like all these ETF applied would make any difference on the result. SEC has been declining it for a while now and I don't know why they would accept it now.
ANY etf that gets accepted will have a positive influence in bitcoin price, not just early 2019, it can be 2022 when it gets accepted and it would still make a great price increase however I am not so sure it will be accepted anytime soon. I think we need at least another couple years for it to get accepted. Early 2019 is just too close and doubt it would make a huge difference since just a week ago.