Quote from: FinneysTrueVision on June 29, 2024, 08:37:52 PM

ETF demand was one of the main reasons that helped Bitcoin reach new highs earlier this year. That demand has slowed down for now and we are not seeing as much inflow. Because of supply and demand I still think the price will increase but it will happen at a slower pace. There needs to be more to Bitcoin than just price speculation to sustain higher prices. There is a lot of investment in Layer 2’s and maybe this will be a positive impulse that takes the price higher if we start seeing a lot of value locked in these protocols.

The hype on ETF is over, although there is still huge money coming in, it's not enough to be very positive and push the market. And so we need more positive news to fuel the market again.

Quote from: philipma1957 on June 29, 2024, 02:29:26 PM

I am still bullish I will dca this month. I also believe we pass 75k in July.

I jumped the gun and started a July poll.

But being into dca and bullish I do not want to back off and accept defeat for btc.

I voted for Does not matter do Dca. July is just one month though, so for those who are doing DCA already, they won't look at this short term jump when the price hits $75k. Majority could have been looking at the bigger picture as this is the best approach. Specially that we are in a bull run, $75k might just be the tip, as we can go up to the tune of $150k next year.