Dear all,
I would like to hear your theories on the potential effect of this expected SEC decision that can potentially allow official BTC ETFs.
Some say a decision can happen as early as 10th of august but some lawyers say that is impossible simply becuse of the leght of such proccess and they expect to happen on the 16th or even later.
Anyway most of the community is expecting an immediate bullrun if the decision is positive. Some say that the currenty price action is also happening because investors alredy in the field are occumulating as much BTC as they can by selling their lats, so they will be prepared for the envisioned bullrun.
And here is my concern. If the community is preparing for this only to sell BTC at a peak, then the price action can be much worse for the community as we expect.
Please share your vision!
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