Quote from: arpon11 on March 19, 2019, 05:11:01 PM

Quote from: Bit_Discourse on February 08, 2019, 06:27:37 PM

Today, the cryptocurrency has grown very well due to rumors of ETF approval, but what has changed during this time? - right! anything increase is most likely temporary. Your opinion?

The movements of the price in reactions to that ETF news was actually very limited and temporary but it has given the market high momentum to sustain the current level. Bitcoin could have gone down too much if not that news because before the ETF approval news hit the market many speculators were saying bitcoin is going below $3000 but since then we are now seeing a new pattern of speculations that it is moving towards $4500 or $4800 and some are even saying bitcoin is heading toward the strong resistance level of $5850. I hope things change for good and we are able to see a new bull run very soon.

ETF dramas aren't affecting the Bitcoin price (or perhaps just 1-2 days), that's old. I agree there is a new pattern of speculations taking place, personally, I also believe the BTC value has still the potential to go below the $3,000. It's just some days with ~1% increase, nothing significant, when it will be 30 consecutive days it will be another story.