A big buying opportunity might be on the horizon

[Abu-Naim]

The market senses negative news before it happens, and I do not expect a shock to occur due to such a decision. It is difficult for the market trend to reverse due to the presence of long-term support points, especially less than 30k, so the worst that may happen is 28k, and a return again to prices of 48k by March and then we will be like 2013.

Bad news always lead bitcoin market down on time but good news do take little time to have influence on the market movement.
At this moment, bitcoin investors are used to the market ups and downs, some bad news no longer affect the market anymore, because investors are used to it and they all know that it is always temporary and can never affect the potential Bitcoin have.
This ETF case, if rejected will give some of us a chance to invest if the price drops down so that we can get more investment against bitcoin halving.

[darkangel11]

I don't think there will be a denial this time. I'm saying this because they are conveniently moving all the deadlines to the same month, even all the new applications that were filed in November were moved to the same date that old filings used to have. They haven't done that before and Bloomberg analysts were pointing out months ago that if the SEC approves ETFs, they're going to have to do that all at once so that none of them can get the upper hand.
There's also the matter of tickers and listing names. For the first time the SEC demanded that fund operators send it to them. Why would they want names if the plan was to deny? That's what you ask for when you're getting the paperwork ready.

Even if you're right and it gets denied and you believe there's a chance for bitcoin to crash, why not put your money where your mouth is and short bitcoin? You can make a lot of money if you're right.

I'm going to hold regardless of the decision. If it crashes back to 30k, I don't care. If it pumps to 50k, I don't care. I held when it crashed to 4k in 2020...

[Gladitorcomeback]

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.

ETF is not the only reason behind the current situation of the market. if anybody think so then kindly tell me that btc previous ATH was due to ETF approval or crashed was happened because ETF denied? Btc and whole crypto network doesn't seriously affected by only one factor.

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.

Mark my words here that even if btc ETF not approved you will see ATH next year as history repeated many times and hopes this time also would happen.we are very close to ATH and just to some sharp pumps. ETF approval newss will definitely do it quickly

[bitzizzix]

No one can truly predict the price of Bitcoin accurately, and although the approval of ETFs (Exchange-Traded Funds) could increase its accessibility and appeal to retail and institutional investors as it would increase the price of Bitcoin.
However, the reality is that markets can react in unpredictable ways, and price fluctuations can be influenced by a variety of factors, including investor sentiment, market demand, news and overall market conditions.
And this ETF problem has been around for a long time and for years, but in reality the price of Bitcoin continues to rise, and continues to rise from the previous high price even though there are always declines.
For me, owning Bitcoin is not due to any factor and maybe positive factors will make the price of Bitcoin rise and vice versa.
And also in my opinion, what you must have in owning Bitcoin is strong belief and patience. Because these two things will make us not care about what happens and will always take advantage of the decline to accumulate. Because, have strong belief and patience that the price of Bitcoin in the future will be much higher and the profits obtained will be even greater, after going through many factors which are actually just a journey.

[Zaguru12]

Let's all hope it doesn't. When you talk about a price crash, what do you really mean, like how down do you think such news can be able to bring down the bitcoin price? $25k, $20k, or as low as $15k or below $10k? As long as the price is still within the range of thousands, I won't consider it a market crash; instead, I will just have to accept it as one of those negative crypto news stories that happens to slow down market growth.
 

I also agree that an ETF disapproval or further delay will definitely cause a market correction but Those prices listed by you are not something I predict will happen. The $25k there is the only price I predict will likely befall us but that will also be effective with another bad news. Bitcoin has found a very strong support above $30k that I don’t see a correction hit below that, but should it happen then $25k is another strong support level. The reason for the fall will be because of those who have bought for short term sales, but some could prolong it even if the ETF doesn’t get approved with the anticipation that the after halving bull run will get them their profits.

Mark my words here that even if btc ETF not approved you will see ATH next year as history repeated many times and hopes this time also would happen.we are very close to ATH and just to some sharp pumps. ETF approval newss will definitely do it quickly

ETF doesn’t hold that ground to stop a new ATH after Halving but it happening next year is something i Will say you shouldn’t be too certain about. Even the past trends have always shown that bitcoin hits a new ATH at least a year after halving, although this in coming halving might deviate slightly to get a mew one sooner but should the ETF not be approved then a market correction might stop a new ATH next year. My prediction is in case it happens a new ATH will most likely be 2025.

[South Park]

I don't think the SEC's denial will have the effect you imagine. Sure it will have an impact but it won't be as bad as you say. Also, it would be a short-term impact because people still have eyes on the halving and many people won't want to sell because they have hope that Bitcoin might see a new all-time high soon.
It won't be the first time that the SEC has denied the approval. Nevertheless, it would be an opportunity to buy because the price of Bitcoin might drop a little bit.

Even if it does not have a catastrophic effect we still to need to get ready for it, in the minds of many the bitcoin ETF is as good as approved and this is not true, we could get another denial just as it has been the case on every single instance before, so we need to prepare ourselves for that outcome, as it could be possible the whales see this as an opportunity to manipulate the masses so the price goes down by a lot and then they can accumulate a lot of cheap bitcoin.

[FanEagle]

SEC can reject it as much as they want and it will not change anything. We were under 20k and we are above 40k, did SEC accepted any ETF along the way? If we have gone up more than double without ETF then why are you doubting that we won't be able to do that again? I believe that we will be able to do it again and that should not be all that crazy to think.

I think it's clear that we are going to end up with a situation where ETF will not be accepted until January, probably for a long time, I think summer is more realistic approach, and during the summer it may happen (and of course it may not too) and not before, but until that day we are going to keep growing bigger and bigger, no matter how much people worry about it in the end.

[icalical]

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.

Even though I agree that this is a possibility, but looking at how the market previously react to ETF news, the price movement is not that huge. Sure, it will make some effect, but don't forget that the hype of halving is also on progress. Even without halving hype, I think SEC decision towards ETF will not make extreme price movement, the SEC has never made good decision regarding Bitcoin, but the market still survive.

[yazher]

In the crypto market especially with bitcoins, this kind of FUD is nothing and they are considered no value for those who know how this crypto market works because of their experience for the past years. You really don't have this much issue if you don't really trust the process when it comes to bitcoins price because most of the time it really doesn't care what issue is going on currently in the world like how we saw it increase in the midst of the Pandemic and don't be like others who have lost their balls due to these FUDS because you are missing the opportunity to invest in this halving seasons which is the best time to invest in bitcoins.

[eightdots]

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.

There are so many possibilities with crypto. We need to consider every possibility to be ready for them all. We don't know what the market will actually do compared to what we want to believe, and whether it will be directly proportional to what we believe. We will never know for sure. Therefore, if we believe in Bitcoin and believe that the bull run will come again as before, we should invest accordingly.

I don't know if the ETF will be approved, but even if it is not, Bitcoin will rise completely when the time comes.

[aoluain]

I don't think there will be a denial this time. I'm saying this because they are conveniently moving all the deadlines to the same month, even all the new applications that were filed in November were moved to the same date that old filings used to have. They haven't done that before and Bloomberg analysts were pointing out months ago that if the SEC approves ETFs, they're going to have to do that all at once so that none of them can get the upper hand.
There's also the matter of tickers and listing names. For the first time the SEC demanded that fund operators send it to them. Why would they want names if the plan was to deny? That's what you ask for when you're getting the paperwork ready.

Even if you're right and it gets denied and you believe there's a chance for bitcoin to crash, why not put your money where your mouth is and short bitcoin? You can make a lot of money if you're right.

I'm going to hold regardless of the decision. If it crashes back to 30k, I don't care. If it pumps to 50k, I don't care. I held when it crashed to 4k in 2020...

I dont think so either. My reasoning is because the largest asset management company in the world
has applied for a Spot ETF, thats BlackRock who manage 9 Billion dollars worth of investments, also among
the other applications there is Fidelity who manage 4 Billion. These are the companies who actually have a
lot of clout financially.

If there is a refusal of these applications there definitely will be a correction in market value but it will be
short term.

I imagine there is inward speculation based on an EFT approval but there is also interest in the halving too,
its not all ETF based buying going on ATM.

[Lanatsa]

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.

When it comes into that ETF decision then it would really be just neither having these kind of situations. "APPROVED" "REJECTED" or "DELAYED" on which we do know that it will neither
be giving out those fundamental effects basing up whether its positive or negative news but we should really make ourselves wary that we dont have these kind of fundamentals back into those previous
years but the price had managed to climb and shoot up like a rocket. Now that regulation becomes even more stricter then it wouldnt really be that surprising that there would really be
new sentiments that would be affecting out the overall market price.

Wayback this market isnt really that just too sensitive when it comes to fundamental approach specially if its really that related to government decisions and with those traditional investors or companies
but now we are really that seeing different on which it is really that neither be that reactive or not. So it would really be just that depending on you
on how long you would be able to hold up.

[ChiBitCTy]

What sort of rug pull are you referring to?  Not sure what you mean exactly by that.  I think the same principles stand here as they do anywhere else with investing..DCA/dollar cost average.  Dollar Cost Average is a concept created exactly for times like this where there's simply just a lot of unknowns.  So, just continue to slow but surely add to your bitcoin.  You'll catch plenty of low during the time period.

[coolcoinz]

What sort of rug pull are you referring to?  Not sure what you mean exactly by that.  I think the same principles stand here as they do anywhere else with investing..DCA/dollar cost average.  Dollar Cost Average is a concept created exactly for times like this where there's simply just a lot of unknowns.  So, just continue to slow but surely add to your bitcoin.  You'll catch plenty of low during the time period.

He means that they're all hyping people about the upcoming ETF that will pump the price and in reality trying to short bitcoin because they know the SEC is going to deny.
This is one of those conspiracy theories like the one that bitcoin was made by the CIA to see how much people they can get to invest and then they'll turn it all off because there's a secret code or whatever that can make bitcoin stop working.
I don't really care because I held bitcoin at times where all the ETFs were being denied one by one and I still held and if they try to manipulate price somehow I'll stack sats the way I was stacking last year. You people don't realize that the real rug pull is them buying bitcoin now, ahead of the SEC verdict, while idiots are selling because they saw 40k first time in a year.

[MFahad]

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.

Even if the ETF approval date is delayed, there is still a chance for Bitcoin price to crash. In case of refusal, crash is mandatory. Bitcoin has always performed well even without ETF approval and has always given people a good profit in bull season. So I think it would not be right to determine the price of Bitcoin with the approval of ETF.

Acceptance may be good news for Bitcoin, but a fall in rejection is not a good effect. If people take it as bad news, it will be people's fault. There may be an opportunity to buy more bitcoins, but most people are afraid to buy in a falling market, and try to buy when the market is recovering. However, the result will be out in the next few days.

[serjent05]

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.

[SeriouslyGiveaway]

Lately, news about BTC ETF has been spreading everywhere, leading many newcomers to mistakenly believe that the market's survival hinges on SEC's approval of BTC ETF. But it's absurd when people are being led by the media; remember how this market has grown since its inception, facing bans and skepticism from countries like the U.S., China, and Russia, branding it as a fraudulent and money-laundering currency. Now, are we hastily accepting it as a storage asset? Do you find something peculiar here? I believe whether BTC ETF is approved or not only affects the short term. BTC and this market persist and continue to evolve.

BTC ETF or BTC halving are short-term news, and for them to truly permeate the market for long-term growth, it will take one or two more years. Coincidentally, around 2025-2026 is also the period of the strongest growth in the four-year cycle. The current price is just beginning to break out of the downward trend cycle, so look at the long term; there is still a lot of potential for Bitcoin to rise. Has it even returned to its previous peak? I believe this is a good time to buy and accumulate BTC for the long term; news doesn't matter if you're determined to invest in BTC for the long run.

[Outhue]

Bitcoin will still do very well without the ETF approvals but many people are counting on the ETFs, and if this time doesn't fade I believe that Bitcoin will do better than it will if there is no approval, this ETF will boost the confidence in Bitcoin, and this is why I want the U.S to be present in Bitcoin, that country is playing a big part in crypto adoption.

Bitcoin halving is another good upcoming event, in fact this is way better than ETFs, but I get it, ETF approval is creating the best hype so far, I do want to see it get approved finally, like the judge said, this is something that should be approved a long time ago, she said she doesn't know why it's taking this long.

[rodskee]

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.

this is truly an opportunity to buy more and keep the holding for a certain time at least
the whole year of 2024 , because the way some says? the Bull market will happen in 2025 and not in
the coming year but of course things may happen as unexpected so better be ready .thanks for this
headsup mate I will definitely look at this scenario as I have ready amount to buy more before ATH
happens again.

[rat03gopoh]

And seriously, is there no longer the potential for inflow of funds from (combined) all retail users throughout the world so that we can only rely on funds managed by large institutions to touch the new ATH price?
Meanwhile, what we see is that funds from various failed atlcoins have the potential to contribute several portions of bitcoin's marketcap (remember, bitcoin is believed to be safe heaven). Not to mention, I'm not sure that the millionaire NFT sellers of the past have fully entered the Ordinal market.