Bitcoin Forum

In case you're wondering why you're receiving notifications from your portfolio apps, it's because Grayscale just won its lawsuit against the SEC which first rejected the conversion of Grayscale's Bitcoin Trust into a Spot ETF[1]. So we might see the first Spot ETF in the U.S soon[2]

[1] https://twitter.com/crypto/status/1696532002189857272?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
[2] https://www.cnbc.com/2023/08/29/first-bitcoin-etf-could-be-coming-soon-as-court-rules-in-favor-of-grayscale-over-sec.html

Yeah i just received a message from Coingecko and was amazed to see the price as few hours ago I checked the price and it was around 26,100$ I think. Well, I really was amazed how market made movements.I quickly told my friend and then another friend. One of my friend said, he is analyzing the market I said ok when you find the factor then tell me. Hehe. I mean he used to stretch things up a little bit.

Well, I also tried to watch some news and I saw grayscale won the case against SEC. And this might be the only factor that causes this up trend. Well, let's see what comes next.

Just as many will also wanted to see the outcome of this case, now that it is evident for victory on Grayscale end, what next should we expect, maybe there could be more stir on the internet to use this news event as part of the means bitcoin market could experience a little change, many have been suspecting on pump in due time, should this victory be certainly expected for a move or there are more coming to signals a bull after altering the market demand and supply.

Makes sense now, however the price was actually at a strong support level on 1 Day timeframe and RSI was low too. Let's see where it goes. If it breaks above $29k, we might see a bigger leg up as it will be breaking the resistance trendline which its holding for some time now. I am quite sure that this pump will continue now. Glad I opened a long trade on BTCUSD yesterday as my system gave me a call.

While this all is very good news and a well deserved black eye for the SEC, I would not go as far as to say that we will 100% see any Bitcoin ETF soon. We still have a way to go from the application process.

If I understand it correctly, (and if not then somebody feel free to correct me) but the application could still be rejected or the SEC might take the lawsuit to further stages with an appeal or revision or something (obviously I am not a lawyer, so somebody tell me if this is indeed a closed case or not)? Perhaps I am being a bit too pessimistic but when it comes to Bitcoin ETFs we have had too many disappointments in the past.

I also saw this message on my mobile and it was a surprise to see a big green candle after days and weeks of consolidation.

https://i.ibb.co/Sf4MgxT/greyscale.jpg

This is surely a big win for the Grayscale and a major setback for the SEC. This will also strengthen the case for Blackrock's approval for ETF.
I will not say that this will bring a bull run in the market but this will surely kill the many negative sentiments that were recently floating in the market.

That's a wonderful news, even if these pumps are temporary in the short term but it do elevate good vibes and create a good environment. I hope more news like these will come and one day we will see these types of platforms to get approved for there BTC ETFs. Because if the cases could make that huge pump in the market then the approval of such ETFs will bring unimaginable good results. I am too excited but having some experience of BTC and crypto and how such news could be manipulated. I can suppress my feelings for now.
I don't think they have any other reason to reject or delay it now as to do that they must have to come up with some solid proof but according to there own words: Means they need something solid as metal to delay these ETFs.

I am also not a lawyer but if SEC wants to delay or reject the case then they need proof otherwise the news just paved way for other agencies.

Now, let's send BTC to $30,000  :D

These SEC dummies do not do any financial policy properly, they bully cryptocurrencies and exchanges into making their work placed under their oversight (presumably so their members can get a cut off of listing fees), and they don't even play fetch with the real scammers like Logan Paul.

I wouldn't say this is a temporary pump.

Etf is a long waited product for bitcoin holders and investors. Lots of different players are waiting for this kind of product to come in.

This is will make buying bitcoin a lot easier and more secure (in some people perspectives)

I believe an ETF launch in US can trigger a bull run

Thanks for the heads up, I was already bombard with messages on my phone and all my crypto portfolio are smiling hard in quick profit reactions, I wasn't expecting this to happen, at least there is a higher hope that other ETFs will be approved as time goes on, let's hope for the best by the fourth quarter of 2023, this is what will determine how 2024 will look like.

Right now bitcoin still needs to perform very well, probably back to 29k if possible before the monthly close, or else all this won't stop more bleeding coming for Bitcoin in September.

The month of September could also be one of the best times to invest in Bitcoin, I think this month we will slowly start to recover.  

Oh, that's why I'm surprised to see that there's a sudden push and green on the charts. Thanks!

I hope that this is just the start of the signal for the bull run. And upon winning the lawsuit against SEC, the chance and positivity of having a Bitcoin ETF from other applicants are also likely to get pushed.

What's next for the market? $30k to $100k? I miss the people that talks about the moon lol.

Just to balance the inevitable bullishness — this doesn't automatically mean that we're going to get an ETF soon. As far as I know based on what I've read on law peeps on crypto Twitter — chances are, a postponement is what's highly likely to happen.

This win against the SEC is one hell of a good sign that brighter days are coming though.

I couldn't agree more with you on that one. Seems Gary Gensler doesn't have sufficient reasons for why Grayscale ETF shouldn't be approved. I believe this will pave way for smooth sailing for other spot ETF applications that have been piled on SEC chairman's desk.
This is really good news and I'm glad for the climb to the price of Bitcoin and I feel this would be a good way to end the month of August if it's prices continues on this up trend

I was surprised to see +1,330$ in bitcoin and I quickly searched the internet to know the reason behind it but could not find. Now that the price is somewhat up, 30k is evident.
I also think that this topic first in bitcoin child board (legal). Maybe Op wanted more visibility that is why he posted here.
At this point in time, the bitcoin market needs positive fundamentals honestly.

I was somewhat surprised too - although I do expect some nice prices after the summer ends - but I had no time to research when I've seen it.
So this topic simply gave me the info - and the great news - easily.
So the topic is useful (thanks OmegaStarScream). Just maybe it could have been worthy for Press, but that's its sole "problem" imho.

Hey don't be in hurry guys.
It is not a win to convert the fund to a Spot ETF. They just ruled Grayscale's petition for review be granted & the commission's order be vacated
It’s only won the right to apply and the SEC can of course reject it

And it won't happen in 2023.

https://pbs.twimg.com/media/F4tVWz2XAAAZJm8?format=jpg&name=medium

I was also very surprised, because I just saw the Bitcoin price hit 28k before and maybe a few hours ago I saw it was still 26k. And this is really surprising and exciting news after Grayscale finally officially won their lawsuit, and this news will make Bitcoin price continue to rise up to 30k in the near future.
and Victory against SEC is one of the good news for investors and regain their faith in Bitcoin, and their doubts have cleared and will come back to collect more Bitcoin to continue 100k.

I think the hype might be short-lived.  The SEC still have the final say on whether anything gets approved or not.  Otherwise every company would be filing a lawsuit.  Still don't think a Spot ETF will happen for another few years yet.

Obviously I miss it too but this is simply because it is not the right time yet for this to happen, a bull run is not made by a single event, instead it is a combination of factors, and the starting signal for this to happen is the halving, so while this is a positive news I do not think this is going to signal the start of long and sustained upward trend, however it is nice to see the price recovering as with this the bitcoin I bought a week ago is already producing profits for me.

This I guess is also the reason for the price running up.
I was already expecting Blackrock's ETF to be approved but GBTC might just be the one that is needed to kickstart the bull run if they are approved. Whichever of them will do though. Any of them. But I'm guessing whichever has the ton of BTC will be approved the first.


I was about to be happy but you made me realize again that SEC always has the last word.  Not the time to celebrate yet.

Very positive news Grayscale wins lawsuit against the SEC. For this reason Bitcoin huge pumped. Near about $2k increased within one hour for this positive news. I think for bull session we need more good news. One positive new is not enough for bull market i think. But for Grayscale wins lawsuit against the SEC this news bitcoin price will increase there has no doubt. Because it is big news for bitcoin. Luckily i was bought some amount of bitcoin last week. And now i am profited form that's investment.

I am just thinking how powerful a news event can be in crypto. One single tweet and BTC touched 28k. This is a great moment for Grayscale I am quite sure but is that for Bitcoin as well? I have just heard the news that BlackRock will do another fork of Bitcoin which will give them free coins themselves. This will also attract some of the bitcoin miner from mining the legacy BTC as well but what if Blackrock turn most of the miners towards them to mine their hard fork coin? They have a lot of money for their new project if they are really doing this idea. This can be rumored as well.

Source: https://twitter.com/VirtualBacon0x/status/1696326341170221382

This big institution can bring a lot of money into the market but their dominative nature is not good for any market.

At one point I actually wondered why there was this Bitcoin pump, so I opened my X (ex-twitter) and I immediately found this news, the first thing I said was "what a f**k?"  why does the sec always manage to get itself into shit?  Can anyone answer me?

It would be interesting to see such a series of events on an ongoing basis… What would happen to the value of bitcoin if this happened? Could it exceed bullish expectations?... I would like to witness something like this and see what happens, but I guess I'm just digressing... this news gave me an air of satisfaction, with this it can be seen that the SEC only wants to attack to everything that has to do with cryptocurrencies, but without necessary arguments to win, it is simply acting to see who can fall, but the only thing it is achieving is strengthening these cryptocurrency industries and more people noticing its existence, bitcoin now it will be more on everyone's lips and I am sure that if this perpetuates it is most likely that the government will begin to change its mind about bitcoin and the other cryptos to the point of implementing them.

While they may have won their lawsuit, this just puts them on the list awaiting approval with everyone else. Sure, it’s a positive development and holders of GBTC should consider this a win, but for the rest of us this is just another blip on the road to where we’re going. I do think this was cleaning up the field in preparation of mass ETF approvals in the coming months though.

It looks like may Bitcoin speculators are getting lively after hearing the Grayscale winnings lawsuit against the SEC.  Many of these people are inclined to think that the Grayscale will be the first one to be the first spot ETF to be approved if I am not mistaken.

Some of these people start injecting some funds into the market making the Bitcoin price recover to $27k+ (more than half-way to $28k).


Many people think that winning the lawsuit against the SEC will make the Grayscale Spot ETF request of getting approved will have a higher chance of being granted.  So the market became lively and got a positive sentiment that made the price of BTC recover.

I haven't seen such a nice notification in a long time. These notifications seem to have been good to all of us. Now is the time to approve ETFs. Let's see if we can see that too?

I agree with your view that Bitcoin will slowly recover. I also think we will get better notifications. As I always say. Avoid panic selling. Bitcoin will rise in the coming days as it does today. No one knows exactly when it will happen, but everything gets easier when we learn to wait.

Agreed. Uncle Gary has been losing these cases against the cryptospace everywhere and in his embarassment he might begin operation cryptospace annoyance by creating delays and more delays on the approval for the ETF. His term as SEC chairman will end on June 5, 2026.

I am also afraid that if the ETF is approved on 2026, it might mark the market top months after approval after twaps hehehe.

A positive development all in all. This may not be the final sign that a Bitcoin spot ETF will be made available very soon, but at least this judgement is somehow telling the SEC to shape up, to quit being arbitrary and selective, to be consistent and fair, and so on.

The pressure on them is growing. The recent legal decisions involving crypto seem to suggest that the courts aren't rubber stamps of agencies belonging to the executive department. Coupled with the apparent interest of powerful players in the financial sector, the wind is now seemingly blowing in favor of crypto, testing the resolve and insistence of the SEC and Chairman Gensler.

I know this is good news but won’t this be bearish in the near future. If the GBTC etf is confirmed then people will buy the GBTC and short the actual bitcoin until it launches. By shorting they hedge their position which should be balanced by the end.

And the fund will be unlocked and the 600K will be released into the market again. So there will be more supply. Most likely nobody will use GBTC due to high fees and with blackrock etf begin live also.

The failure of the price to break the range of 24,800 to 28,900 indicates that this FUD news has been exploited and we have returned to the boring range again, I am starting to lose hope that we may see the US ETF exponent during the next two years.
The bitcoin hardforks reacted well to this news, perhaps due to Grayscale's investment in BCH.


This week's closing is important, if the price continues above 24,500, we might see an attempt to test 30,000 levels again.

They say, "sometimes you win a battle or two, but you lose the war" and this is very applicable with the SEC. We know how vindictive and biased they can be, just look what happened to the Bankers during the previous financial crisis.  ::)

This small victory might even make things worst, because they might now have a vendetta against Grayscale for winning this lawsuit and even just for them being taken to court.  ::)

Why should they make it more difficult for themselves. The ETF is bullish. What they should do is buy spot bitcoin and short the futures market if they want a hedge against their spot buy without reducing their exposure.

@Husires. What is that indicator? Is that forks price vs. bitcoin?

In any case, the pump at present might only be an excited reaction on Barry Silbert's victory, similar to Judge Torres' ruling on Ripple'.

I don't get it: on the one hand, Bitcoin users are very much into "not your keys, not your coins". But on the other hand, "we" all want an ETF to pump the price. Which one is it? Encourage people to pay someone else to (promise to) hold Bitcoins for them, or encourage people to hold their own Bitcoins?

Those who want purely the latter are a very small minority. It's not just the ETF, without CEX the price today would be much lower for example. I try not so much to dream of an ideal world but to adapt to the one that exists and where we are going, and that is one where most Bitcoin transactions will go through centralized entities and KYC, leaving a small space (that I understand will be less and less as time goes by) for those who want privacy.

This is undoubtedly a victory and a revolution for Bitcoin. GrayscaleBTC has been fighting the case against the SEC for several days and yesterday they won the case and started a change in the market. With this news yesterday, market conditions started to improve and GrayscaleBTC increased over 19 percent of their market share. Not only the GBTC market has undergone such a revolution, but Bitcoin, Ethereum, and all other sectors are in a positive trend in the market.

Thus it then implies that in the world we're heading to the criticisms of centralized entities and kyc won't be of validity any more as it has been with the infamous words "not your keys not your coins". It all looking like some of us will end up accepting the changing tide as we go.

Plus with approval of bitcoin ETF in the future people would be left with the laudable choice of either getting the product straight from the farm or getting it from the departmentalized stores as they would choose.

And I think an aggregate of bitcoiners are excited about  this by reason with an ETF the risk bothering on not having a technical knowledge, loss of keys or getting hacked won't be an issue of concern while you can still own your bitcoin. And with what I read on reddit, ETF are insured. Is this true please correct me if am wrong.

Frankly, I can't recall Bitcoin pumping a couple of grand on bullish news in the last couple of years (probably since 2021?). It's very positive. As to the real effect of the ETF on Bitcoin who knows what it's going to be. Honestly, I don't care: it's the same as with FUD - people think this news is negative (positive) for Bitcoin and price moves. As long as Bitcoin price goes up, I'm happy.  8)

Correct answer: It's about the money!
If it's +10% it doesn't matter what caused it, moar profit means the news is good news!

However, the whole thing is quite ridiculous if you go back in time and see the other narratives:
- Blackrock controls the price government and wants to suppress the price, love how these reptilians fail every time despite all the tinfoil production
- The US government is against Bitcoin, yet...magically it's not!
- Bitcoin shouldn't be influenced by regional decisions, Bitcoin is global...yeah right!
- Nobody cares anymore about the ETF hype, instant 10%!

Anyhow, the thing whole thing has changed from "not your keys, not your coins" to "buy today, profit tomorrow for sure".


No, it's a win for Grayscale which wants to sell you IOU pieces of paper instead of your private keys!
Satoshi is doing more RPM right now than a racing motorbike!

There was definitely a "button-press-dilemma" meme for this, heh.

I'm not in any rush for institutional investors to jump in, but then I'm going long.  My generation definitely aren't getting anything resembling a state pension in the UK.  My BTC stash is basically my retirement fund, heh.  And possibly a deposit on a house if the timing works out.

I guess the collective "we" are a little less patient than I am.   :D

The current market price hasn't done justice after receiving this great news, as things looked like a one way street in favour of SEC! But against all odds the coin flipped in favor of Grayscale which has let most of our coins in green, and we need to build enough momentum to push price up  and get the herd mentality
and buying back on the road 8)

Will take the "W" for now...

And the court siding with Grayscale opens up the doors for more to get on that list... But I guess the real fight hasn't began as getting the approval process is another pain in the b***

And then I wonder (as well as some others) why the market reacted in such a positive way, considering that regardless of the court decision, 5+ months may still pass until the SEC makes a final decision whether to approve a spot ETF from any company. However, theoretically, the approval can also happen during 2023, considering the deadlines, especially if the SEC is a team player of the company (BR) that is closest to the top of the US government and that has the greatest chance of being the first to get the green light.

In any case, in less than half a year we will know whether the SEC will finally give in to the pressure, or whether the story will have a new continuation during the next year as well.

Because it's a step in the right direction. Think of the current situation if the court decision was for the SEC. Bitcoin would probably crashed further under $25,000, placing it below its 200-Weekly SMA. Which would be another opportunity for buying the DIP, but that would not be very good for our mental health. Hahaha. Sometimes we need something more positive to happen.

 8)

Those people who gambled in the discount for GBTC's Net Asset Value will make a lot of money.

The funny thing is that while Grayscale may have won their case, ultimately it is a lose lose for them. When they do convert their fund to a spot ETF, they’ll lose a ton of revenue as they’ll also have to drop their fees. So ironically Grayscale is shooting themselves in the foot by advancing the industry with this lawsuit. A good thing for their customers though.

It is interesting to see there are still irrational traders (also known as weak hands) making emotional decisions. Starting with the irrational drop below $30k and now with the recent rise back up as panic buyers are most probably reacting to this news over the past day forming another big green candle.
The only important question is whether this is going to turn into a positive momentum?

Good news sure looks good on the bitcoin price and it is not just any good news it is a significant news. It is not over yet because we know how the SEC likes to fight and they have some about 45 days to appeal the ruling. Although the basic argument to my understanding is that if they approve the Bitcoin futures ETF they should hold back on approving Bitcoin spot ETF. Within the 45 days they have to file an appeal, it would not come as a shock to me if they come up with some flimsy excuse not to approve the BTC spot ETF.

So that was why the price shot up to 28k yesterday to for a bit. Amazing stuff. Although I'm not quite sure what implications this would bring into the world of crypto altogether besides the fact that this will open doors for wall street wankers to dip their toes in and invest in crypto like the rest of us. Which in itself is nothing quite short of fantastic and scary at the same time since every stock that hits the wall street gets to be adopted pretty quickly by the public, but at the same time they are also prone to getting manipulated for profit, which isn't going to be great for us.

Regardless, for the meantime I guess let's just celebrate this small victory?

Follow the money.

The only thing that matters is their bank account. They do not really care about "not your keys, not your coins".
At best, they will tell you it helps Bitcoin to be more adopted. LOL, like if the average Joe working for the minimum wage has money to put in ETF.

No, no, no, the truth is they are only interested to see the price incrasing, no matter what is needed to see it happen. They were saying the same things with regulations. Remember it.
"not your keys, not your coins" is just a marketing tool like "bitcoin o the moon" used to create the hype.

Trully man, they're like the refugees coming in Europe with a boat

It will be back to $30k but for now, it's starting a bit of overwhelmed so it has to correct a little. While this lawsuit that has won against SEC for the ETF, other companies prolly have taken a huge chance and have more hope on this one.

Yeah, there will be more of this and we need more of that. The combination of these events will push the price after the halving. And that's the factor that will have everything signalled.

If we've been in the drop recently, it won't last and there's going to be some recovery needed.

Rest of this year will be boring but we have to hold our bitcoin and don't sell it because of disappointment. Whales only wait for weak hands to shake their bitcoin with cheap prices.

2024 will be a good year for Bitcoin, a halving in April and perhaps a first Bitcoin Spot ETF in the USA. With a won lawsuit of Grayscale against SEC, more hope that first Bitcoin Spot ETF will be approved next year. It might be approved in late months of 2024 when a new bull run, after April halving, already goes through a few months to be heated up enough. Then big news with first Bitcoin Spot ETF will help Bitcoin to make a new all time high, a peak for a new bull run.

Like a clockwork then!
This is also what I can see in the remaining months of this year. I'll be more bullish at the very start of the year 2024 it's also because I am waiting for the next Bitcoin block halving like previous block halvings we had.

First legal ETF in the US but I am still waiting for approval for BlackRock and Fidelity Investment since both of them are crazy fund manager with total trilion dollar so approved both will make bitcoin price stonk.

and like my previous post about the Sec loses much money and cases from XRP, Binance and Coinbase and now Grayscale  8) will see when this lawsuit game end

Also, I thought that the community wanted mainstream adoption, however, when the real rulers and institutional investors begin to lobby for more and stricter regulations, more KYC, more transparency on transactions and more control on the cryptospace, everyone starts complaining hehehe. This is a very head shaking human occurrence hehe. This is what mainstream adoption will certainly be. The cryptospace before 2017 will not be similar to the cryptospace after 2023. It will be a rich man's playground very much similar to traditional finance.

Yes, The cryptospace before 2017 will not be similar to the cryptospace after 2023 and the bottom line is that the reason why these BTC exist and have become so popular is that they avoid control by central banks and governments as well ;D ;D.

Why not both? Why do we have to stick in one no matter what? Sure, encouraging people holding their own bitcoin is good, but apparently, the regulatory oversight and the convenience an ETF provide outweighs the benefit of doing self-custody for institutional investors.

Let's accept it already. Regulations aren't in favor of the Bitcoin spirit. If we truly like the concept of a decentralized, denationalized, free enterprise money, then accepting the governmental compromises is inevitable. Achieving the desired outcome, which is more or less to make Bitcoin official, involves sacrifices. Otherwise we will continuously remain the unofficial, non-systemic currency.

adding to blackhat point(shock) but more so explaining to loyceV
some individuals want to use their personal disposable income to hoard coin privately by themselves, they also want their employment retirement plan to invest into the exposure of bitcoin which can only be done via official regulated financial tools like ETF

That would indeed the only "valid" reason to use a Bitcoin ETF. I like to get the tax benefits of pension investments, but currently can't get that with Bitcoin.

I would be lying to myself if I would say that I'm not excited that BlackRock wants to be involved in Bitcoin and use it as an investment vehicle. BUT at the same time, we truly can't deny the FACT that custodial entities, if large enough, could be very dangerous for the future of the network.

It's going that way whether we like it or not. Institutions and regulatory bodies are up to controlling the crypto market worse than 51 attack but because it's a free market, they can buy all BTC if they really want to. In just a decade they realized they couldn't beat BTC so they joined. It's going to make the prices go to Mars but there is a catch.

There is a huge chance that GBTC will be converted into Spot ETF as they say. We'll just have to wait for SEC's decision, I think 40 days?

you can also when redeeming bitcoin use other tax loopholes like giving yourself a personal loan. and other methods the elites use to not pay tax on funds. such as trust funds

speak to a tax accountant.

The win by Grayscale is a win for the space. We have green candles hoisted across the altcoin space as well as BTC price as a result of the win against SEC. This is just another validation second to that of XRP.

It speaks of victory for the crypto space in entirety as people no longer consider their fear a thing when investing in the space. A wave of confidence has blown across the crypto community and the best is about to get started.

That is surely a good news and I guess it was little late when I got the news but as soon as I heard it I saw the price.
The price was up by $2000 and I thought it would pump more but since last 2 days the price is stagnant.
It has in fact come down to $26.8k. So the news was not sufficient to recover from the dump after all.

ETFs are a slightly different concept to conventional custodians, though.  They are effectively issuing shares based on the assets that they hold, rather than accepting deposits of the asset in question from their clients.  And because they don't take deposits, it's unlikely they could engage in anything resembling fractional reserve, so that's not really a concern like it is with Bitcoin exchanges and webwallets.

That's only worth it starting from a certain amount. I'm too poor to not pay taxes (at least in this country).

Perhaps they are, but we are talking about BlackRock, one of the worldwide largest asset managers. It has ownership rights to most U.S. banks, own shares in most of U.S. pharma, they adminster 10% of all major stocks worldwide, they own shares in most of mass media companies in the U.S., and it is also the biggest asset manager that owns shares in major tech companies.

 :o

The total assets it manages is probably half of the United States GDP.

Plus it is now a major share-holder in 4 out of 5 largest Bitcoin mining companies, https://finbold.com/blackrock-is-a-major-shareholder-in-4-of-the-5-largest-bitcoin-miners/

I'm excited for Bitcoin-the-investment, but concerned for Bitcoin-the-network.

After seeing Grayscale win in its lawsuit against the SEC. So I think about getting a Bitcoin ETF approved is just a matter of time. But one thing that the SEC can still do is that they will continue to delay their approval of the bitcoin ETFs that have been proposed by many large companies there. The SEC realized they could not refuse this filing. So the only way they can take this is to delay approval. And yes, it's true that the SEC has now postponed the results of their decision on all companies applying for a Bitcoin ETF. Which caused the price of bitcoin to correct again when the announcement was broadcast.

But the SEC will eventually approve it. Because they definitely wouldn't be able to continue delaying any longer.

The SEC drama is still ongoing. And this makes bitcoin price fluctuations in the market a little wild. But I like it. Because I still need some more accumulation in the corrected price. So nice job SEC. i like this drama. I hope the drama is over when I finish accumulating.  ;)