Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by John Abraham (1)
Starting to think these ETF rumors for the May 21st approval might be real. More and more its starting to feel like insiders are buying bc they really know something we dont. ETF please and pamp it please! 
Do you think so?
I dunno, the SEC seem to hate the idea of a bitcoin ETF, every single attempt so far has been basically told to fuck off.
I dont think so but Id LOVE to be wrong on this. I think a bitcoin ETF would take us to a new ATH this year.
Certainly, I am not counting on any kind of ETF...
Probably the odds of an ETF approval any time soon, in the coming months or even this year are pretty low.
It seems that the hands of the SEC is going to need to be forced before approval takes place, and if there is some kind of feeling that they are being forced, even by potential competition of some other jurisdiction getting "in" first, then under those circumstances they might approve an ETF.
In other words, I have my doubts about some kind of "bullish insider information" being the driver of this particular run.... but what the fuck do I know about what others might know, beyond my own speculation and feelings that nothing special is going on behind the scenes?