Post
Topic
Board Bitcoin Discussion
Re: Bitcoin ETF Approval: Fueling Bullish Momentum?
by
qwertyup23
on 16/10/2023, 23:57:24 UTC
With the rumoured SEC's approval of a Bitcoin spot ETF, we've witnessed a bullish surge in its price, surpassing the 30k range before pulling back to consolidate for another potential run.

Considering this, is it safe to say that we're experiencing a historically bullish October? Additionally, which alts are you considering accumulating before the year's end? Let's dive into the world of alts together.☺️

I do not think so though the price has remained consistent all throughout this year.

If there is one thing that people are speculating for its price to increase, it would be the 2024 fork that will happen. Expect prices to increase and that would be the time that we will consider that we are on the bullish run for that season. While this may be true and other speculations and events have affected the price of BTC, it is nothing that significant to call or even consider it as a bullish run.