Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: torrihuff on September 18, 2018, 03:48:10 AM



Title: ETF approval/rejection indicator
Post by: torrihuff on September 18, 2018, 03:48:10 AM
So I have been thinking  a lot about this "big" ETF decision that is upcoming on the 30th of September.  I for one don't think we need ETF's in Bitcoin and actually think it's harmful but that's another story.  

I think this entire pump and dump over the last year was a complete manipulation.  I think the ETF is going to be the catalyst which will take us back to new highs or to test out a new bottom.  If we start tanking going into the decision I think there will be an approval.  if we start rising going into the decision I think we are going to get a rejection.  I plan on trading with this strategy a few hours before the decision to see if I can turn my losing streak around.