Post
Topic
Board Speculation
Re: Will the bitcoin ETF have any impact on the bitcoin price?
by
TimeTeller
on 15/01/2024, 22:00:45 UTC
We can see the price crashing since its release.

Bitcoin has a very long history of very big volatility and everybody who gets scared by that has - sooner or later - very bad days if he goes for investing/holding (pretty much ending with a panic sale).
My advice is always look at the big picture and use your brain.

And about the question in your topic title, my take is: yes, but you may need some time, maybe even weeks or more, to see that happen. And yes, because halving is also near, this may become somewhat fuzzy.

Just think about it, fake news about approval btc ETF already gave a sudden surge in its price.
What more if there will be a lot of crypto ETFs' approval? That would give a very good hype in this market.
For sure, a lot will jump on the bandwagon, even noncrypto users will dip their hands on this.
And as the halving is near again, it would surely further contribute to its price growth.