Post
Topic
Board Speculation
Re: Will the bitcoin ETF have any impact on the bitcoin price?
by
pawel7777
on 17/01/2024, 22:52:32 UTC
Of course, the effect might be delayed, but I speculate that once the halving is done and we commence a bull run, many are going to FOMO on the ETF and it could be the biggest factor for this bull run this year or at least this cycle going into $100k or more.

I don't think all the big players like Blackrock would even bother with filing that ETF application if they didn't know there will be a big demand for it. So I'm fairly confident that this will have a significant effect, even if it's stretched over a longer time.
And if the demand for all those ETFs overlaps with the "normal", post-halving pump (resulting from the 4-year cycle pattern) then breaking the $100k barrier sounds very plausible.