This is temorary spike

[electronicash]

there are lots of tell tale signs that the ETF could be approved though. it doesn't matter whether its approved or not but its the crypto community that you have to consider whether they are open to this ETF. ETF being approved certainly makes this very different because taxes will be real by then also its like giving in to centralization. its not something that the rest of us want, least of all the whales.

[popsywura]

It's right time we stop talking about ETF it doesn't have any effects on the movements of bitcoin. Take it or leave it If bitcoin holds $7,000 for the week, the bulls will jump back in.

[MoneyGuardian]

All the spikes and slumps have been temporary so far in case of Bitcoin. So, according to your opinion, yes it's temporary. But, you don't really need to demoralize people now that the price have risen again. Let them decide if this is temporary or not. We can only wait and watch to see if your prediction is right or not.

[GoldenShark]

The entire ETF is beginning to end up an all the more desensitizing issue to crypto financial specialists, we got to 20k without an ETF man, and the crypto market and improvement proceed onward with or without an ETF.

[TastyChillySauce00]

The entire ETF is beginning to end up an all the more desensitizing issue to crypto financial specialists, we got to 20k without an ETF man, and the crypto market and improvement proceed onward with or without an ETF.

But this ETF rumour and news somehow giving a little or more sentiment and is affecting the market, could consider this as one factor of that temporary price rising however it's right that ETF is actually too overrated when it comes to cryptocurrency.
Maybe people could just get over with it and just keep doing the same like december back then.

[ghosong]

As per experience i know , this is not long lasting. This will be surely break , if etf get postponed again surely this will go to the hell.

Do not spend all the money at this moment , because this may down reverse sure.

Whats your views

Even though the ETF's decision will be postponed and the market has not recovered, I don't think cryptocurancy will become extinct, because I see a very large community and crypto have been able to get through difficult times like now, this is only temporary and impermanent.

[dhiraj0977]

Not sure what will happen, but ETF certainly has great affect on crypto market, and it is still delayed, market will really go to more red.

[rsbriggs]

We really need to stop with all the fuss about ETF. The market was going well without it in the past and in the future it will make no difference either. Even if it does get rejected, we should not be so worried about it.

Yes, I also agree with you because as long as there is a very strong support for the coins and there is also high demand, then I think the ETF will really have no much effect on the market but I will still suggest that we should all take our time and not be in haste to sell any of our coin because the price is growing positively but watch the market till the bull run start before we sell any of our coin.

[LateMoveR52]

  I am also agree with you. We need take some time to spend our money. It will be ideal to keep calm and relax.Thanks for the concern it will be helpful .

[miyaka26]

Nobody needs an ETF, it's as much of a breakthrough as posting a newspaper online back when internet was invented.

yes   no need of ETF. previous year also same. WITHOUT ETF skyrockt the Bitcoin to 20000.

Why they are hyping ETF this much that every single thread I saw mentions bitcoin ETF rejections and delay, we can't expect anything from it this year its either it will get rejected or the SEC will delay the decision for this request, there's so many good news aside from this hype and there would be an upcoming news and events that will greatly affect the price of crypto so we should not focus alone with this hype.

[lafter]

I think that the current market is still in correction cannot be increased. I do not think we need the ETF, which is the cause of the market turmoil in the current period. Bitcoin prices are likely to grow in the long run, but at the end of the year they may rise sharply but in my opinion, we will have a long way to go back to the $ 20,000 mark once again.

[LuckyHarriet]

If SEC reject etf again that will felt bad effect on crypto market price but it's not be cause damage. But if approve then huge revoulution could be occur  with crypto in future. Wait and see what will happen.

[speedy1987]

As per experience i know , this is not long lasting. This will be surely break , if etf get postponed again surely this will go to the hell.

Do not spend all the money at this moment , because this may down reverse sure.

Whats your views

Market price is volatility. Everyone know market price will go up and down, so nothing will be permanent, But if we check last year chart, Bitcoin price will boom upcoming days. so dont take any conclusion by seeing just two and three-month price.

[Billgates710]

If you have ever heard of Elliott Wave's theory then you wouldn't have said such things. According to wave's theory we passed a correction period and now finally the bullish trend has started. If you think it's temporary then invest accordingly. No need to scare others off from the market just because you are looking for some profit.

[cryptorampage963]

No, I don’t think that there is any need of ETF. For the rise of market, it won’t be that much necessary that ETF is a must! Market rising won’t have any impact with the rejection of ETF. SO don’t worry!

[glorybtc]

I think ETF have a less significant influence on bitcoin price movements, maybe it's true that the rise and fall of bitcoin prices is influenced entirely by demand and supply

[Symproverse]

If SEC approve etf then it will felt very possitive effect on crypto and it's make crypto sustainable reliable currency to all people. But don't what happen it  can be rejected or approved.

[SparklesCoin]

The whole thing is becoming confusing to me. And yeah i am agree with you in this point. I am not invest the whole lot this time for staying in the safe side. But still risks are part of this crypto world, isn’t it?

[cryptoking252]

If feels so good to see that bitcoin has improved a lot in recent days. All the good hopes are coming back. I think and i wish the market will stay good like this and have some good growth in future.

[learningcrypto5421]

I am just looking for some more improvements. But i must say having patience will bring some better results. I hope this temporary spike becomes permanent. Because we are eagerly waiting for the bull.