All applications for BTC ETFs were rejected. do you think they are waiting for a moment on the chart to approve it?then we'll fly into space?
Only time knows. Whether they're rejected or not, the market will still soar high. That's the common thing that we have but with these ETFs if they're approved, they're surely going to push the market into a crazier price. But then, it's a driving force that will contribute to the price of bitcoin to get it back to the bull run. Otherwise, they've helped the market to get at least a bit head of it but then if all of them were rejected, there's no need to be dependent on it. We've got halving which is the major force that will make the market push to the bull run and that's not dependent to these ETF approvals being done by the SEC. For now, we don't know if there will be more rejections or some more approvals and IIRC there have been approved in the past but it wasn't just covered by the media at all.