Post
Topic
Board Bitcoin Discussion
Re: What if Bitcoin ETF is not Approved
by
2Pizza410000BTC
on 05/01/2024, 10:08:37 UTC
What if Bitcoin ETF is not Approved

The question is still pondering in my mind if it doesn't go as suggested or the approval is denied what then happens?

I can only see a sudden fall if Bitcoin ETF is not approved and you may as well add your input on this. However, from now till 2026 will be promising for BTC as there would be favorable outcome. It is a game of patience.
If Bitcoin ETF are not approved, there may be some dumping in the market. Fake Bitcoin ETF are completely dramatic. There is probably a hearing on January 10th, I think Bitcoin ETF will not be approved at this hearing. But I am not at all worried about Bitcoin ETF because if ETF are not approved there will not be much dumping in the market and even if there is more dumping it will be very beneficial for long term investors as they will be able to hold on to the Bitcoin investment.