Quote from: owlman on January 19, 2019, 07:54:48 PM

Quote from: Newchanka on January 04, 2019, 05:49:15 PM

We are aware that the coin market is full of uncertainties but this is going to be a crucial year for Bitcoin, considering the upcoming decision on ETF. We are not even certain that prices have settled to rock bottom yet and folks been asking my views. To me, we really can't know for certain until regulators such as SEC make their stance known by this month. We're sure that a negative decision could have Bitcopin trade as low as below $3000, but that's really good news because it's going to be the very worst we experience thais year. https://cryptoinfowatch.com/bitcoin-news-today-the-obstacles-to-mainstream-adoption/

A positive decision of the SEC regarding the Bitcoin ETF can really come to life on the cryptocurrency market and investor activity, but if this decision is negative, I dont think that after this the price of Bitcoin may fall below $ 3000 and that it will be good for us. We need to wait, what the SEC decision will actually be, and how events will unfold.

But with a negative decision that might happen it seems very possible for the bitcoin price to fall lower than $3k, because so far if there is negative news greatly affects the crypto market to fall hard. Yes, anything can happen and we only hope the SEC decision is a positive decision that will make investors regain their confidence to invest in bitcoin.