Bitcoin didn't fly to the moon on the ETF news. It's surprising because btc lost value at a time when ppl talked about record price before halving so what's going to make it stop losing more value?
Not What We Expected We were expecting Bitcoin ETF to go from $50K to $70K if Bitcoin ETF was approved but instead it hit a high of $48969. Since then, the price of Bitcoin has started to slide downwards. Currently, the price of Bitcoin is hovering around $42700. But I think it is unlikely that the price of Bitcoin will go up. Since the bitcoin ETF approval did not increase the price of bitcoin as we expected, do you think the price of bitcoin will increase after the halving?