Without ETF , can expect a huge bull run

[ejhayehm]

I think if ETH is approved, people will trust more in the cryptocurrency market. And cryptocurrency will have a good chance to growth up and become more popular, stable sooner

[anilsaini.jaipur]

I think if ETH is approved, people will trust more in the cryptocurrency market. And cryptocurrency will have a good chance to growth up and become more popular, stable sooner

Yes, ETF approval will increase common people's trust in cryptocurrency and thus it will be a positive development for the crypto market. However, it needs to be seen if it can cause a potential bull run if approved.

[kryptqnick]

I do not think you are right . You still did not get idea about what bitcoin means . If bitcoin goes up then all coins are following him

The op never undermined this point. He just said that we don't need ETF approval for the market to get bullish again. And I don't see how he can be wrong. What the market needs is people who trust in its future, not some institutions accepting it and causing another wave on newbies pushing their money in and out agressively.
And I am not sure you are right about alts following btc. When it's going down, they are going down even more, because people start getting their money out of altcoins and pushing everything into fiat or btc. But when bitcoin is rising, some time is needed for people to try investing in altcoins. And then the more they invest, the less altcoin market becomes depends on bitcoin.

[khufuking]

ETF is just used to make people panic and to make weak hands sell. Of course, a bull run can happen without ETF and it will maybe before the start of the new year or with the beginning of the new year no one knows.

[CodyAlfaridzi]

Previous year also we faced a good bull run with out ETF. ETF not related to bull run. but panic people there so if ETF rejects by the sec or postponed they sell their portfolio for even loss.

So i believe  normal market circle and bull run can be expected in next months.

what about your opinions ?

What's the normal market cycle? I wouldn't say last year bullrun is a "normal market cycle". For such a huge bull run, there must be a huge fundamental force behind it, not just some random market cycle. You may be forget that Bitcoin had it first futures listed in conventional exchange by the end of last year. That was what driving the price to $20,000.

So no, there won't be another bull run without any major things happened. If Bitcoin ETF is not approved, there will be another months long bear market this year.

[suzanogbomo]

We could have a bull market even without the approval of the bitcoin ETF by SEC, we hit 20000$ early this year without any ETF proposals, just ordinary people taking interests in bitcoins and making an investment out of it. We just need a repeat of it but on an much more gradual organic growth,away from manipulations

[BITSPANISH]

IMO, the absence of ETF does not affect the huge bull run, the market will continue to recover, and growth including SEC will reject Bitcoin. But that is the future because now the exchange rates of BTC and ETH are falling rapidly, especially ETH. So you should wait until the exchange rate rises again at the end of the year, I'm sure it will happen.

[Owee1989]

It seems like SEC would reject the ETF of bitcoin and there is a high chance that a bull run of price may occur in the market. users of different coins should not be panicked and hold their coin and wait for the price to rise.

[knuckey]

this is complicated and confusing, why is everyone waiting for the decision of the ETF? when the market wants to get up and stabilize, the SEC issues a statement and is then postponed, this is repeated many times. does crypto have to depend on them?

[cabron]

It seems like SEC would reject the ETF of bitcoin and there is a high chance that a bull run of price may occur in the market. users of different coins should not be panicked and hold their coin and wait for the price to rise.

The sad part though is that they can postponed the decision again to next month just to make the price dip even further. This could all be just a fun ride for the traders who has tons of money to invest while those who has nothing will be left selling their tokens in disappointment. I guess blockchain still can be corrupted when government gets in.

[kulsuma]

Bitcoin showed many bull run when ETF wasn't with it but this time if SEC decline bitcoin ETF it should be felt bad effects on it. And it's will seems like obstacle for bitcoin for a bull run.

[Scambusterz]

It seems like SEC would reject the ETF of bitcoin and there is a high chance that a bull run of price may occur in the market. users of different coins should not be panicked and hold their coin and wait for the price to rise.

The sad part though is that they can postponed the decision again to next month just to make the price dip even further. This could all be just a fun ride for the traders who has tons of money to invest while those who has nothing will be left selling their tokens in disappointment. I guess blockchain still can be corrupted when government gets in.

Why does it seem to me that this is exactly what will happen. We will all wait for a decision on September 30, and they will transfer it, which will plunge the market into an even greater decline. And only then the growth may begin.

[hdtqisg]

There are many factors that affect the attractiveness and value of Bitcoin and altcoin. Important still is the community to use!
Bitcoin and altcoin are attractive investments! But consider carefully before deciding!

[tothanhtuan]

Most all these coins can’t die because it goes against the very principal of blockchain technology and decentralization in the first place. Irrelevancy as a risk yes. These coins/tokens will exist forever as long as there is a single copy of the blockchain anywhere.

[gumpoh]

Are you a newbie? Since I joined the cryptocurrency, every bitcoin skyrocketed, and other cryptocurrencies will change with the price change of Bitcoin. I think the price that affects the entire cryptocurrency is bitcoin.

[Tosyn2]

With ETF approval or not bull run will happen, there wasn't ETF in place last when we saw the last bull run in market, market growth doesn't depend on ETF approval.

[Eidelweis flower]

Market revival, one day I feel that it is not dependent on ETFs, the market rises because it is natural that like that, it has been sinking for months and certainly we must be patient to see the market rise again

[Annieluvyou]

As i can see on the movement of the markets, every time bitcoin rise, most altcoin will also rise a little, but when bitcoin price drop most altcoin will drop rapidly.
I think the affect of bitcoin to altcoin is really high.

[DesertOasis3]

I think that the importance of an ETF is being overplayed and it is the latest hot topic being used to pull the prices around. Having a Bitcoin ETF will not necessarily mean more crypto investment it is more likely to just be used for a tool to gamble on price changes without any actual Bitcoins being bought and stored.

[ereborltc]

It is worth looking forward to, if the ETH review is passed, the market will definitely improve.