Post
Topic
Board Speculation
Re: Isn't it exciting...
by
kentrolla
on 17/01/2024, 18:14:36 UTC
Well yes we can be excited and we are very 'bullish'. I did think we did also think there was going to be some profits from the Bitcoin EFT approval.
But the market went down and we can say that was a correction. I am still 'bullish' and do think we will see new ATH but I do think it will take some more time then we did think.
The bullrun has its time now we are crawling to start upwards and wait for it to happen.
Bitcoin ETF approval is definitely a benefit but not a direct impact, trying to heat things up. Cheesy
Correction is natural, it's time for us to buy again, don't bother, determining the time of ATH is still uncertain but rest assured, in a year you might feel how ATH really exists.

Yeah, corrections and fluctuations are natural but ETF was overhyped and a sense of atmosphere was created to portray that Bitcoin will hit ATH if the spot ETF is approved but I have said this in the past and saying it now as well it was supposed to have only limited impact which we have already seen. I feel the value of Bitcoin will gradually move upwards instead of sudden spike which we saw in Altcoins.