Post
Topic
Board Speculation
Re: Yearly All Time Lows For BTC
by
Baofeng
on 03/01/2019, 02:57:38 UTC
Hyped by the said growth through ETF, and this is really good for all of us. We have a great price history, and it looks like the bottom this year will be much higher than what we expect. The hyped will boost the market again, whales will work on it so they can make money let’s just see what will they going to do to pump the market.
Don't overestimate the Bitcoin ETF. To be honest, I don't think that the bitcoin ETF will be passed this year. Even if it is passed, it is unlikely to have a big impact on the price of Bitcoin. The Bitcoin ETF is just a necessary stage in the development of the currency is a requirement for Bitcoin to become more popular. It takes a long time for the market to recover, not the ETF can change immediately.


I agree. I'm not seeing Bitcoin ETF to be approved this year. And we still don't know what it can bring to the market. I mean will institutional money flow or would they just short bitcoin? I'm leaning towards the next bitcoin halving though in 2020 that will really push the market and might start the bull run that we have been longing for. This year is a good way to continue to accumulate, imho.