er

[bitcoinflood]

Comments

[littleboy]

Why would ETF send it to that level?

[bitcoinflood]

ETF means larger cap investors can now invest into bitcoin. Here in the states if you have a certain amount of money you are actually limited to what you can invest in for security reasons. ETFs are approved areas where these large investors can invest their money. I believe $250,000 + is the level

[littleboy]

Whales.

[newageinv]

Bitcoin ETF has the potential to put a floor in price as the demand generated from the launch will exceed mining bitcoin creation and make short sellers think twice about their positions. The market is already foreshadowing this as Bitcoin dominance has exceeded 45% recently which shows that altcoins are still looking for a similar catalyst for their own bounce.

[spicyer]

Spot on info!! I hear a lot of people saying BTC bottom might not be in, however if the ETF ruling is favorable, the money will come rushing in and we'll never see BTC this low again. BTC dominance will be a minimum of 50%, most likely more.

[adrian11]

Good job men @bitcoinflood

[dyslexicwriter]

Keeping my fingers crossed. This could be the turning point. Thanks for sharing.

[haikubot]

Keeping my fingers
Crossed. This could be the turning
Point. Thanks for sharing.

                 ^{- dyslexicwriter}

---

^{I'm a bot. I detect haiku.}

[text2crypto]

The whole world is waiting for ETF. SEC don't delay it furthermore. Fingers crossed for sure now. Hope for best.

[tarian]

You can already buy a trust that follows the price of bitcoin... See BTGC...

[akertxu]

I think it will be good at first, but then the market will be totally manipulated by these investors

[jatinkkalra]

that approval will surely show us moon!