I'm not expecting ETF's effect to be that very big. What I'm expecting is the news that it builds that shall create the positive effect to the market.
What is a better take is not just look at the highest or all time highs of bitcoin in the history. But also to look at the all time lows, this is a very encouraging and optimistic part of history that shall make you believe that there's more and better price that will come in the future.
I strongly believe, the ATH last year can be surpassed in the next coming years.
It may not be this year but if the adoption is growing and the demand is continuously increasing.
The probability that we will see another ATH is very high. We can't tell the highest peak yet as its market is still alive.
For those who want to see the positive side, you're right, just think of the all time lows, and you will be encouraged to invest on btc.
Definitely it will. Just like 2017, that ATH was never thought that it will be surpassed by 2020-2021.
I'm not expecting ETF's effect to be that very big. What I'm expecting is the news that it builds that shall create the positive effect to the market.
What is a better take is not just look at the highest or all time highs of bitcoin in the history. But also to look at the all time lows, this is a very encouraging and optimistic part of history that shall make you believe that there's more and better price that will come in the future.
Bitcoin price is now quite good, because if every year it reaches ATH that is the problem, if there is a sharp decline in bitcoin, it will be considered a Bubble, of course I hope the Bitcoin Spot ETF can be approved by the SEC and it will have a good impact on the price future Bitcoin.
From $38k, there's a quick jump to $42k. This is the kind of good that we always want to see. It's going to have a decline then a sudden quick rise will happen. That's the skyrocket that we don't anticipate to come but when it does, it's really satisfying.