A big buying opportunity might be on the horizon

[Dunamisx]

What if a new rugpull is in plan for crypto?

This is very common with shitcoins, you can't have thesame experience with bitcoin, any fake crypto projects will always have this kind of experience, we can't have a massive crypto rugpull, we may only experience a sustained bear market and not general rugpull on all crypto.

SEC denial of the approval can cause crypto to crash massively, if the ETF isn't approved by January buckle up for a spiral run down the hill kinda market behavior.

Don't be surprised that even without the approval there may be nothing to happen and the market will still pump as expected since what makes the market rise isn't the ETF application approval or not, but bitcoin halving followed by bullrun

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[kryptqnick]

It's true that many are excited over the expectations of an ETF approval, but I don't think a rejection would crash the market. Maybe we'll see something like a 10-15% drop, with an eventual recovery over a couple of months, but why more than that? After all, the current build-up of the price is gradual, and it's not over any serious approval news, so a rejection should not come as a major shock. Lots of people don't care what's going on in the US regulatory field, and in an even of a rejection, nothing will change in practice because ETFs aren't allowed now and will stay not allowed.
I'm pleased to see that many people seem to have similar thoughts in the thread about a rejection not having a major impact.

[BenCodie]

What if a new rugpull is in plan for crypto?

SEC denial of the approval can cause crypto to crash massively, if the ETF isn't approved by January buckle up for a spiral run down the hill kinda market behavior.

But alas, ETF approval have been around for year's and it has never been approved before, if it's a nO this time around it still won't stop Bitcoin from creating a new all time high.

The way consumers accept this bad news will determine how far Bitcoin can dip but understand that it's going to be a big opportunity to get more Bitcoin, do not follow the masses, as they can be easily lead astray.

Very valid thread.

I think that either way, whether it is approved or not, we are still in for one more "black swan" event, where we will see Bitcoin spiral for a short period of time. Retail investors who are new and weak will be shaken out, as they think that "the bubble has burst" and that they must "get out while they can"...as this always happen with inexperienced Bitcoin investors (and I am sure there are a lot of them with this recent ETF news and other positive crypto news and performance).

It will catch people off guard. It will liquidate longs...and it will be a great opportunity. I am looking forward to it and will hopefully have some sizeable limit buys read to go for when it occurs

[Russlenat]

So what if Bitcoin ETF will not be approved this time? That does not mean that it will stop bitcoin from reaching its new all time high. However, the time to get there might be a little bit extended due to Bitcoin ETF failure but no worries, patience is the key.

Now, if Bitcoin ETF will be denied, that will eventually create an immediate effect on its price, and definitely newly investors will love it because it opens new opportunity for them to enter the market. With how bitcoin halving is fast approaching, majority of the long term hodlers are looking forward into it, leaving bitcoin ETF failure not a big issue anymore.

[tbct_mt2]

So what if Bitcoin ETF will not be approved this time? That does not mean that it will stop bitcoin from reaching its new all time high. However, the time to get there might be a little bit extended due to Bitcoin ETF failure but no worries, patience is the key.

Bitcoin Spot EFT applications failed in many years but Bitcoin actually had bull runs with past halvings. There will be a Bitcoin bull run after 2024 halving and Bitcoin Spot ETF failed applications won't stop a coming Bitcoin bull run.

When SEC. announces it, the market will get a big shock and Bitcoin price will crash but it will recover later and bull run we go. Be prepare with your cash, stable coins to buy with any Bitcoin crash because of SEC. decision to reject all Bitcoin Spot ETF applications.

Now, if Bitcoin ETF will be denied, that will eventually create an immediate effect on its price, and definitely newly investors will love it because it opens new opportunity for them to enter the market. With how bitcoin halving is fast approaching, majority of the long term hodlers are looking forward into it, leaving bitcoin ETF failure not a big issue anymore.

Corrections must come some time and if there is such denial from SEC. the market will be given a great reason to be corrected after many months of continuous bullish.

If you are unsure, don't sell your bitcoin because if SEC. approve those applications, Bitcoin will surely soar like Xi-pump from China years ago in 2019.

[Latviand]

If the SEC denies the approval of ETF, I also think that the sentiment of the market will be affected.  We might see some action here where those who wanted to buy BTC at a cheaper price may probably spread FUD to fuel the disappointment of traders and investors thus creating some dump in the market.  If that happens, then the thread title might have a huge probability of happening.

But I think it would be temporary because halving is also on the horizon, and it is the major catalyst for transitioning from a bear market to a bull market.

With a lot of people already preparing for both outcomes, it's safe to say that it's not going to affect the market massively because people have already covered both possibilities. I'm just speculating that everyone's have their bases covered though because me, I already did what I just said, I have an adequate amount of bitcoin already and I also have a large stash of fiat ready to buy bitcoins in case it goes down dramatically and get as much value and bang for my buck. Definitely a temporary thing if it happens, that's why I think that it's a good thing to have your fiat and bitcoin ready whatever happens, you're going to be fine.

[tjtonmoy]

We have seen much drama and all before every Bitcoin halving. This is not new. Those who know, they know. Every dip is an opportunity for those who are aware. And sure enough, these all will fade away one day and Bitcoin will reach a new All Time High despite all the FUDs, negative news, drama, etc. So those who will take this as an opportunity will surely be on the green side in no time.

It does not matter if the ETF gets approved or not, Bitcoin will remain as Bitcoin. Just buy and hodl using DCA so you don't miss any opportunities and never regret your decision. Bitcoin has proven it many times. The longer you hodl, the more you will be in profit.

[m2017]

What if a new rugpull is in plan for crypto?

SEC denial of the approval can cause crypto to crash massively, if the ETF isn't approved by January buckle up for a spiral run down the hill kinda market behavior.

Crypto are sensitive to the news background and fluctuations are inherent in it. Did you think the current short-term growth would be to the moon? It was just a rehearsal. Of course, a rollback is inevitable. Non-approval of ETF may contribute to this.

But alas, ETF approval have been around for year's and it has never been approved before, if it's a nO this time around it still won't stop Bitcoin from creating a new all time high.

Later. Not as soon as you expect.

The way consumers accept this bad news will determine how far Bitcoin can dip but understand that it's going to be a big opportunity to get more Bitcoin, do not follow the masses, as they can be easily lead astray.

Was there a bad opportunity to get bitcoin before this? Which, just recently, cost almost 2 times cheaper.

[btc78]

if the approval of etf gets denied it might be the right time to buy as much bitcoin as you can the approval of etf is only one of the many factors that will have an effect on bitcoin’s price but not the only one if it gets denied it’s definitely possible that we see a dip in bitcoin’s price

approved etf or not, there will still be a halving that will take place later on that will surely be followed by a bull market

[bitgolden]

With a lot of people already preparing for both outcomes, it's safe to say that it's not going to affect the market massively because people have already covered both possibilities. I'm just speculating that everyone's have their bases covered though because me, I already did what I just said, I have an adequate amount of bitcoin already and I also have a large stash of fiat ready to buy bitcoins in case it goes down dramatically and get as much value and bang for my buck. Definitely a temporary thing if it happens, that's why I think that it's a good thing to have your fiat and bitcoin ready whatever happens, you're going to be fine.

I believe that most people picked a position, not saying they all have taken their position but they have picked their position. The ones who want to end up selling at a certain price already picked out the price they want to sell at, and the ones who want to wait before they sell and will sell only after it is like a later date then they know that they will hold and they want to keep buying more and so forth.

Basically everyone knows their places, doesn't mean that there won't be more trades, of course there will be more people who will buy and sell, but at least everyone knows their position. I think me personally, it's time to keep buying more, it is time to just accumulate even more right now, because it is the last dates when it makes sense.

[Blitzboy]

Without a doubt, the possible SEC ruling on the ETF has a big effect on the market. Denial could cause a downturn, but isnt that just a normal market correction? Remember that smart buyers often see corrections as chances to make money. They're not just dangers; they're also places where you could grow.

Bitcoinis famous for being tough. It wont be the first time the SEC says "no." It has come back before and often reached new heights. If this happens, it could be the same as the last one. Its not just how the market reacts; its also about Bitcoin's value and how trust in its promise is growing.

This is what I think: Dont let short-term disruptions upset us. Lets instead think about what Bitcoin can do in the long run. This isnt just a digital money; its a movement. A dip? Thats just a chance to put more money into this cutting-edge technology. When it comes to crypto, things that go down often come back stronger!

[bluebit25]

No matter what situation happens, I believe we will be able to adapt to it, be able to think about the possibility of approval and seemingly bring a large flow of money into this market regularly. At the moment I am also excited about the upcoming news. Moreover, we are all heading towards a big growth cycle for Bitcoin and this time it will really need to have really capable people to promote acceptance. But I can't rule out the possibility of risks and causing panic, but I personally think it's still a good opportunity for those who are still hesitant about accumulating bitcoin to have more opportunities to buy at low prices more for an exciting journey ahead.

[blckhawk]

The way consumers accept this bad news will determine how far Bitcoin can dip but understand that it's going to be a big opportunity to get more Bitcoin, do not follow the masses, as they can be easily lead astray.

Everyone who's bearish knows that and I think that it's a good idea that before the dip begins, better to make sure that you have fiat at your disposal to buy bitcoin in case it really did dip. Totally don't follow the masses but remember that where they move is a good way to learn how the market will also move, if the masses are greedy then it's a good idea to slowly start selling because too much greed in the market is an indicator that the price will be going down and do the opposite if everyone's fear is at an all-time high. I need to do up my grind right now because I've spent all the bitcoin and fiat to an emergency, hopefully I would still be able to get some decent amount of satoshi in before anything spectacular happens to bitcoin.

[bangjoe]

The ETF is only one of the catalysts for the bitcoin bullrun, so my personal view is that the decline in the rejection of the bitcoin ETF may happen again, but it will only last for a short time in my opinion, because we still have many other catalysts that can push the price of bitcoin in 2024, for example the halving This is also a big enough catalyst to increase attention to Bitcoin in 2024. But I feel that the bitcoin ETF will be accepted, three times blackrock has amended their bitcoin ETF submission proposal, if it is still rejected I think blackrock will definitely continue to try so that the bitcoin ETF is accepted.

[danadc]

What if a new rugpull is in plan for crypto?

SEC denial of the approval can cause crypto to crash massively, if the ETF isn't approved by January buckle up for a spiral run down the hill kinda market behavior.

But alas, ETF approval have been around for year's and it has never been approved before, if it's a nO this time around it still won't stop Bitcoin from creating a new all time high.

The way consumers accept this bad news will determine how far Bitcoin can dip but understand that it's going to be a big opportunity to get more Bitcoin, do not follow the masses, as they can be easily lead astray.

Very valid thread.

I think that either way, whether it is approved or not, we are still in for one more "black swan" event, where we will see Bitcoin spiral for a short period of time. Retail investors who are new and weak will be shaken out, as they think that "the bubble has burst" and that they must "get out while they can"...as this always happen with inexperienced Bitcoin investors (and I am sure there are a lot of them with this recent ETF news and other positive crypto news and performance).

It will catch people off guard. It will liquidate longs...and it will be a great opportunity. I am looking forward to it and will hopefully have some sizeable limit buys read to go for when it occurs

Let's consider something, bitcoin will always have enemies and from the US forces with their senators they do not want Bitcoin to be present in the world and while they can avoid raising the way that making money with bitcoin is the best they could manages to consider it as a victory, for that reason when we are looking for the price to rise, it will, whether due to the approval or non-approval of the ETFs, if they do not happen, we know that at the moment, I don't know when, but The price increase will occur, it is something that is already fully planned.

Now when we see that the things can become more angry towards the fact that the ETF has to rise or if it doesn't the price will fall, it may be that it does fall , but the usual Bitcoin Investors will Always remain and that makes the Price can be delivered quickly at a more or more considerable price , is what I can say because the articles have said so.

[Natsuu]

Well trying  to guess how the market will react to SEC decisions is like trying to predict the weather because it is very tricky. Bad news might ruffle crypto feathers at first but what really matters is the bigger picture. Mixing up your investment game and staying in the know can be your ticket through the ups and downs.

We know that investors don't just look at SEC stuff because they check out tech upgrades, how many folks are getting into crypto and what's happening in the big economic picture. Bitcoin's toughness in the face of rules shows its rebel spirit. Smart investors take a broad look at the crypto world, knowing there's both risk and reward in the game.

[Natalim]

SEC approval about ETF has nothing to do with market sentiment, I'd rather believe that FUDs are more influential than this. I guess, it was time to stop thinking about ETF approval, we are tired of waiting and being hopeless. Besides, without ETF the market will increase, and halving will do the work.

Perhaps, I buy Bitcoin because I believe that it will continue to grow and give me profit. Many people out there are buying Bitcoin without thinking about ETF, therefore, let us stick to that thinking and continue buying potential coins.

[dezoel]

Having the courage to buy bitcoin is always a good thing, people should always do something that will end up with something that would be a lot better and could make a greater return in the end.

I get that it is not going to be all that crazy to do in the end, but we need to focus on this to work out. I get that people still fear, even after all this increase, or maybe because of this increase, because they fear that it is not going to be as easy to go up as it was already and they fear that it may go down. But the reality is that, if you can find that courage to buy some more right now, that would be something that would matter a lot more for you and you should do that, people should focus on how they could make it work in the end.

[Wiwo]

if the approval of ETF gets denied it might be the right time to buy as much bitcoin as you can the approval of ETF is only one of the many factors that will affect bitcoin’s price but not the only one if it gets denied it’s definitely possible that we see a dip in bitcoin’s price

approved etf or not, there will still be a halving that will take place later on that will surely be followed by a bull market

Well the ETF denial may not force the price of Bitcoin to fall beyond what we already hard in the past and for that we may have to look away and stop giving too much importance to the second decision on the Bitcoin ETF which has been delayed for too much due to obvious reasons only the sec could understand.

I believe we have gone beyond the era when depend holders gave or paid much attention to that development because it was not forthcoming and people have moved on regardless,  but also, bitcoin investors are always on the lookout for any opportunities to buy bitcoin at a discounted price since they know that bitcoin will always recover from any market conditions regardless of what cause the crash in the first place.

[Raflesia]

Now it seems that some schemes can still happen and the benchmark is still the decision taken from the ETF later because after all this can provide loopholes and some schemes that will occur later so that indeed the decision taken can be a turning point or even make this a little lackluster like at the beginning of this year.

For now, it seems the best option is to wait and see what the SEC will do because even though they may decide to reject it outright, the policy is certainly not like that because there has to be a good reason to reject it especially since it will be a benchmark for their future.
Even so, even if the worst case scenario is that it is rejected and the market starts to crash again, I personally don't really care because in the end the goal is not for now but for the longer term.