This is temorary spike

[Mishgan27]

so much talk and so little work. I see a temporary spike, that's right. but is it worth discussing. the whole market is sosboy waves, where the height and nitty. we need to look at the overall trend.

[rltim555]

All ETF related stuff is only a big joke, just imagine previously it didn't affect crypto market and why it caused dumped after SEC postponed decision?
I think it is all about price manipulation and we should hold

[bayarau]

It seems to me that the crypto-currency market has already adapted to both good and bad news and does not react to the news by changing the value of the crypto currency. In order to get out of the protracted Dump, which has now swallowed up the whole of the crypto-currency industry, we need not news, but real deeds that will make the world look at the Crypto-currency with the positive. For example, updates in Blockchain, the trading system, transaction costs are all that many of the ICO projects promised in their Road maps and did not execute on time.

[jay sd]

A rejection of ETF will cause a temporary price down. But not for long term. As many people have said here we were able to see BTC reached $20K without that ETF stuff. For some reasons the market is still not showing an upward momentum. But I'm sure sooner we will see it.

[pehuk]

if you have been trading here for long the you must have known that how unpredictable and tricky this place is so I hope that you understand that no one will able to ensure you that what it actually is and what it going to bring us,  in such time you should analyzed the market conditions and have all the updates

[Rexxxem]

I think that you can play the bounce keeping in mind that BTC should break 7500 before we will see any real action, but most of alts look bullish on 1D timeframe

[kliown]

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.

I also think so. The market is very slow but stabilizing. I think that we can see the growth of cryptocurrency again soon. I hope there's nothing to stop it. ETF probably not much affected, because if you remember in 2018, a good news was to give the cryptocurrency growth, but they just fell. If the ETF is approved, then most likely Bitcoin will begin to grow, but I do not expect a strong growth.

[bizzargin]

I think this will happen for a long time until the scammers will not sell their entire Ethereum

[strtype]

  Bitcoin going down I see. You were right and so was I. Correction is imminent.

[NewBet]

Yea no kidding. Bitcoin is down again so you were right. The way the prices of the coins falls so fast can be sometimes very surprising. Just a couple of days ago we were looking at a recovery and now we are looking at a really fast downtrend of the coins. The prices are correcting which is good but they are correcting at lower prices than they started from.

[Abu Shadow]

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

No, we can still be good without the approval of ETF as we had make it before. Although recovery will take longer but we can still rise higher than we had now and moving slowly going to top could be done with or without ETF. Just believe in this technology, we will be there.

[CryptoAssasin]

I am also keeping an eye with ETF result because most traders and investors are hooked on to it. I am pretty sure that most of us here are patiently waiting for the ETF result and hoping for a positive result where in fact, it was only being used to manipulate the market. I heard that coinbase & BlackRock crypto ETF might be approved for some of the following reason. You may read it here https://bravenewcoin.com/news/why-a-coinbase-and-blackrock-crypto-etf-might-be-approved/.

[yayat]

SEC and ETF are just a decoration seen by Bitcoin traders.
Without the SEC, Bitcoin has stood up straight ahead in the world of crypotcurrency, and I also don't really need the rules of the SEC.

[fortelen]

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.

This time last year and has a condition that is quite different. so perhaps compare the increase that occurred in a while ago and the increase later to come wouldn't be the same. maybe even I doubt there will be a large spike again for later this year. ETF are influential or not sure there has not been a year. When it concerns about I think crypto will give a good impact.

[Annieluvyou]

At this moment the price of most crypto coins are in a low state. many of the crypto coin facing major drop on their value starting from the last few month back. But today it seems to be gaining it stability. and now it's time to patiently wait for the price to rise again.

[batang_bitcoin]

Why people are only looking about the ETF probabilities?

The same with this upcoming new "hope" for the bull.

NYSE Parent Company Reveals Launch Date for Bitcoin Futures on Bakkt Platform
Bitcoin Futures Could Go Live on ICE's Crypto Trading Platform in December

[organelles]

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

This is true, when you see spikes like these then you can be sure that they are going to be temporary, there is no way something like this and this is a bull trap. People start thinking that the market is going into another bull so they start to panic buy coins and then the price of the coins go down. It is just going to last a little while and then go down.

[jacafbiz]

I don't think we need an ETF. The rise of the market has nothing to do with the ETF. The current bitcoin is turning green. I believe Bitcoin will rise sharply at the end of this year.

Are you joking that we don't need ETF, I believe ETF is going to bring alot of institutional fund into the space, off course some people would stand against institutional investment in the space, but from what I see most of these projects won't scale up their marketing and adoption level if these funds do not enter the space

[khan149]

The present increase we're seeing on the market is actually only a temporary 1. All of us nevertheless possess additional expected information approaching that could truly affect the marketplace adversely prior to the bullish operate.

[Thefrolly]

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

It is a temporary strike, now the price is already starting to go back down again, there is nothing that the etf is going to do for the coins that the coins cannot do on their own, if it has any kind of effect on the market then the effect is going to very small and the market is going to recover very soon anyway and the price being down now is just temporary