Quote from: Charles-Tim on Today at 10:52:52 AM

Quote from: Lord b on Today at 10:36:46 AM

With the recent bitcoin etf there have been many speculations and projections on the price of bitcoin,according to some estimates bitcoin etf will have a direct effect on price action since it will build retailers trust and push investment and price of bitcoin upwards of even $100 k.

Without bitcoin ETF approval in United States, bitcoin has done great in adoption and increasing marketcap and price in the past. My speculation was that without the United States SEC bitcoin ETF approval, bitcoin will likely get to all-time-high and also reach $100000 in this coming bull run after halving. But it is possible that there could be more price increase because more people are exposed to bitcoin indirectly through the traditional market.

Exactly, for me United States SEC spot Bitcoin ETFs approval doesn't really determine the activities of Bitcoin in marketcap. Just that the approval made Bitcoin to gain recognition by Central authorities thereby granting investors more security on their assets but even with or without ETFs approval, Bitcoin can still reach the speculated ATH of $100,000. Even after Spot bitcoin ETF was approved, we all saw that it didn't actually had a direct impact on the price of Bitcoin so that's to show that the price of Bitcoins are not influenced by ETFs approval.