Post
Topic
Board Speculation
Re: Will the bitcoin ETF have any impact on the bitcoin price?
by
dunfida
on 15/01/2024, 18:52:30 UTC
We can see the price crashing since its release.

I would think that it will take a while for the ETF's to have any impact because they were just released.
SELL THE NEWS!
BUY THE RUMOR!

Its always been like this and this had been that a common action that most traders/investors would really be doing. Lots of had been anticipating for Bitcoins price to shoot up high or reaching out on new ATH
when ETF is going to be approved but look at on what happened? We are seeing the different scenario or situation as of this moment on which they had made those long positions and bullish ones left hanging.  Cheesy
Come to know that there are even those sudden hack and made out some false post about approval and then its been deleted and telling that they've been hacked. LOL!

Now that the price is really that playing around 40k+ up then i dont see for this to be a major drop down. It is really just that people are really that anticipating or really
that expecting way too high in regarding on the potential price without even trying out to think on what are the probable situations that they could really
be able to encounter into this manipulative space.