When FA news and rumors pumps the price of Bitcoin, it's all good. The moment it's done to have a net negative market impact, everyone goes about how we shouldn't listen to influencers and panic sell when in fact, these kinds up FA updates have been one of the very few things that have moved the price of cryptos for years.
Well, yesterday's sell ofds were just sneak peeks of how the market will react should the Bitcoin ETFs lined up for 2024 are all rejected.
Let's remember that Potential ETF approval news have boosted the price to the level we're at today.
This news will be an encouragement to experts who continue to follow the news that bitcoin conditions will improve again in 2024.
a process will become a priority for bitcoin experts with good news to continue the positive trend when they hear that there is a movement for something that is emerging in a direction that is not negative.
If something like that happens, it's time for us to prepare again for mid-2024 just to balance market prices until the conditions are realized without any rejection.