Post
Topic
Board Speculation
Re: Will the bitcoin ETF have any impact on the bitcoin price?
by
Davian144
on 08/02/2024, 19:20:32 UTC
Everything has a process and stages, for those who like to join and buy in an ETF, that's okay, meaning what they buy is not another coin, just for BTC. Yes. Market expectations and response Maybe the market looked less pleasant in the past few days because corrections occur almost every time, even though they are small, however, in my opinion, the market is still in the safe category because it is not subject to strong corrections.
Now market conditions for Bitcoin have also changed again with the price increasing past $45K again. So Bitcoin buyers at the price of $42K in the past few days have started to be happy again with this increase because gradually the increase in Bitcoin prices has started to improve again over time. And it is also possible that it could approach $50K if there are no disturbances such as price corrections as has occurred in the previous few days in Bitcoin.