The next trend of bitcoin?

[Asawakobana2017]

    Good news recently pushed the bitcoin price up to over $ 8,000. It is rumored that the bitcoin ETF investment fund may be approved by the SEC. This makes the bitcoin price very unpredictable. If the situation is favorable, the bitcoin price will increase until that date and if it is actually approved the bitcoin price will skyrocket and the whole market will go up. Conversely, if it has not been approved will lead to price go down the whole market. You think the case will happen?

That is very correct and if the news is any thing to go by I think that will be the reason behind the recent rise in the price of bitcoin in the market, and the ETF investment found will further strengthen the bitcoin the more.

The next trend of bitcoin is not yet publish, but many people believe that it will occur during the end of year 2018, bitci think there is no assurance at all everything may change and we cannot really predict on what will be the exact time of the next big thing will occur.

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[acheampong64]

Now, it is going down with speed! We are under 8K level again. I hope it will try bounce soon again.

We will come back. We were in a healthy moon until the ETF FOMO pumped the price a little up but that's not the end yet. We shall surely rise again, and hopefully we will surpass the ATH once more.

[strongman8]

I think Bitcoin rises from here no matter what news happens or doesn't happen.  I think we are at the bottom of the barrel as it concerns to price.  Any positive to neutral news is going to cause a rebound.  

[renata.tuncha@ex.ua]

Hmmm, I think that nowadays there are more different blockchain projects are developing and I think that Token Sale projects are also developing such as Socratus have you heard about it?  It is a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem. They are aiming to create a win-win insurance whereby you get instant claim payment,  fair and transparent dealing and friendly prices.  I think this is really cool and it seems like an innovative and demanded project.

[Docnaster]

Actually BTC market is very volatile from the first as all of the market is. ETF approval hype helped BTC to effect in change of prices. ETF if not approved will cause the market to get effected by it, I assume. If not approved then Market price will go down but I think it will be recovered slowly after that.

I agree with this market analysis. It does of course make sense that any unfavorable decision taken against BTC will likely cause its price to drop but I do think this won't last long and the price will start recovering and climbing slowly to ~10k.

Right now Bitcoin is mostly trading sideways, other than the push and shove that's occurring between $6,000 and $7,000. I'm expecting us to break above $7,000 by the end of the month.

[zolfa]

The bitcoin investment ETF is not a bitcoin volatility standard , and bitcoin ETF does not dominate bitcoin market conditions.

in 2017 bitcoin reaches $ 20K, and it's not because of 1 factor, but all positive factors become perfect and support bitcoin to create a bullish market.

[Slow death]

If the situation is favorable, the bitcoin price will increase until that date

It seems to me that the price has stagnated in the $ 8000, that only means that people are not putting as much faith in the possible approval of ETF

and if it is actually approved the bitcoin price will skyrocket and the whole market will go up.

truth, maybe we could see the $15000

if it has not been approved will lead to price go down the whole market.

There's a big chance of that happening.

You think the case will happen?

It's difficult to have a position, because anything can happen.

[inanilujimi]

The bitcoin investment ETF is not a bitcoin volatility standard , and bitcoin ETF does not dominate bitcoin market conditions.

in 2017 bitcoin reaches $ 20K, and it's not because of 1 factor, but all positive factors become perfect and support bitcoin to create a bullish market.

You are right.
but with a positive inducement, although only slightly, I believe other positive factors will follow one by one.

[bigdude]

still standing by my 5k prediction and this time btc my break that too
btc bought some more time for me to accumulate more cash : )

[sufiasyl]

I think SEC will accept ETF proposal this time, although, you don't really need ETF approval for BTC to rise, if it does rise, it will against its own pace. Recent public response has created even greater momentum for acceptance, which has made it delay for the hearing. If Bitcoin ETF gets approved, BTC's demand will definitely rise.

[Tigorss]

    Good news recently pushed the bitcoin price up to over $ 8,000. It is rumored that the bitcoin ETF investment fund may be approved by the SEC. This makes the bitcoin price very unpredictable. If the situation is favorable, the bitcoin price will increase until that date and if it is actually approved the bitcoin price will skyrocket and the whole market will go up. Conversely, if it has not been approved will lead to price go down the whole market. You think the case will happen?

I think the chances of the ETF getting approved are extremely low. The US Government isn't going to want to have to deal with all the potential losses that could lead from scams. They are going to reject the proposal again, and we are going to have a dip, noobs will panic sell and smart money will quickly buy the dip and in a couple of days we'll be back again.

Maybe one day noobs will learn that we don't need ETF or Futures for Bitcoin. By then the dips after the rejections will not happen since there will be no noobs to profit from as they stay on BTC.

quite the contrary, this is very difficult for the market and make us very big losses including me, because with this is not just the price of bitcoin only down but almost all coins come down as well.

[rainezerr]

still standing by my 5k prediction and this time btc my break that too
btc bought some more time for me to accumulate more cash : )

Bitcoins has already reached $5k dollars but it still managed to grow back to $6k immediately which means that there are only whales who are waiting for the price to drop before investing a huge amount and that is the reason why we should hold our coins today because it will grow immediately in the future.

[boakyei]

Actually BTC is waiting for ETF approval based on this price will increase I think but it is tough to tell because this market I so unpredictable but we are expecting that this price will increase very soon and hit the maximum level.

Now that ETF wasn't in the favor of bitcoins, then what is going to be the trend of bitcoins. ETF is a lesson for traders who base their decision on a single event without looking at other aspects of analysis. ETF was over hyped by all traders and it really disappointed those that believed. 

[Taki]

The "skyrocket" can happen with the same level as possibility of the "deepest deep". People, don't bee too optimistic about bitcoin, cause of that may bring you to crash. We should to be very careful with crypto investment, they are really unpredictable and we can loose everything or gain very much, it's 50/50.

[bitcoin31]

The "skyrocket" can happen with the same level as possibility of the "deepest deep". People, don't bee too optimistic about bitcoin, cause of that may bring you to crash. We should to be very careful with crypto investment, they are really unpredictable and we can loose everything or gain very much, it's 50/50.

we can lose everything that we have if we invesy to crypto inveetment and need to be vigilan on that. But we can get what we want also if we choose cryptocurrency.

Pumping price of the bitcoin and crypto coins are very near from now wait to happen that and you will be happy because you can buy everything that you want.

[chulos]

    Good news recently pushed the bitcoin price up to over $ 8,000. It is rumored that the bitcoin ETF investment fund may be approved by the SEC. This makes the bitcoin price very unpredictable. If the situation is favorable, the bitcoin price will increase until that date and if it is actually approved the bitcoin price will skyrocket and the whole market will go up. Conversely, if it has not been approved will lead to price go down the whole market. You think the case will happen?

The main motive that most bitcoin investors rely on their current interest in the sector are the forthcoming ETFs (exchange-traded funds) that will be derived from the cryptos or more precisely from bitcoin. I want to be optimistic and believe that the SEC approves the ETF, but it does not have to happen and the price goes down. Even if it was not approved, later it might happen that new incentives will come to drive the bitcoin to the heights.

[liseff3]

    Good news recently pushed the bitcoin price up to over $ 8,000. It is rumored that the bitcoin ETF investment fund may be approved by the SEC. This makes the bitcoin price very unpredictable. If the situation is favorable, the bitcoin price will increase until that date and if it is actually approved the bitcoin price will skyrocket and the whole market will go up. Conversely, if it has not been approved will lead to price go down the whole market. You think the case will happen?

Fortunately the bitcoin ETF has been rejected by the SEC. I'm very happy to hear it, because the SEC's also concerned about some acts of manipulation which happened in bitcoin some time ago. For me, bitcoin ETF is just an alliance of greed for big players to make the most profit by harvesting bitcoin before the time arrives (pump).

[IsabellaSophia]

The chances are slim for the approval of the ETF, according to the recent news. But, being optimistic is what we can do. It is true that the BTC price are unpredictable, but they won't hit a downward curve at the moment for sure.               

[Ngewex Yuk]

Even though bitcoin prices are seen to drop but I'm sure that bitcoin is still a trend and the main choice for investment now, like the trend of the previous year that prices will soon skyrocket when it arrives in December and I hope that trend will happen again.

[Duogembrot]

I think the trend of bitcoin prices in the future will be very expensive and bitcoin will be used for all platforms but it takes a long time. The process takes a long time.