Post
Topic
Board Bitcoin Discussion
Re: BlackRock applies again
by
bittraffic
on 17/07/2023, 06:23:21 UTC
I do not see it appropriate to link between the rejection or acceptance of the BlackRock application and Halving Bitcoin, because in my opinion Bitcoin has overcome this effect as we have seen how the price recovered after the recent drop at a record speed.

Halving has a significant positive effect on the Bitcoin price regardless of whether the BlackRock application is rejected or accepted, but the positive effect is probably much greater if it is approved.

As for a plan by America to attack the cryptocurrency industry, this already exists, but it failed every time and will fail this time as well. Bitcoin has become more powerful and reliable.

Although halving is yet a year away, this ETF is probably the awaited part where the price of BTC will go up to $35k. If ETF approves this year + the halving a very good combination for the super bull run that will shoot to more than $120K.

US attack on cryptocurrency is probably just a gimmick like podcasters saying it. The were speculating it already because BRICS countries are backing their new currency with gold and the US will be on crypto.