Topic: A big buying opportunity might be on the horizon (Read 655 times)

If that happens of course, we still have no proof that it would happen that way, we do assume that it will get accepted and to be fair the company that is trying to make this work is a company that has security force that is bigger than some nations armies so expecting them to make this work and get accepted is not really a pipe dream but at the same time I think it's quite possible for people to have some sort of back up plan in case it doesn't get accepted anytime soon.

I believe that even if it gets rejected the halving is near and I think next year will be bull, for all 2024 and maybe some of 2025 we will see a bull, so buying right now makes sense to be and I will not stay away from crypto. Economy all around the world is horrible anyway, and making money is quite troublesome anyway, so I have absolutely no other hope than wait around for bitcoin to grow bigger and hope that it makes me some money so that I can pay all my debts and clear my troubles.

To withdraw is I think different from selling. Once you say, withdraw, that could mean you already sold your coins and you are only pulling out the money online for your to spend it outside. If we haven't sold our coins yet, it's better to hold on like you said when the market is experiencing like that, because there is a tendency that it will continue.

Investors are always being advised to buy low but they still can't help to go against this rule and buy even the price is already at the top and still continues to rise. I can only agree on the title of the OP. Well that is because the halving event is coming, so people are still buying even for the last minute.

We should be fine if the ETF approval got rejected, Bitcoin isn't suppose to make a new all time high until 2025, and if this year sees rejection of ETF approval Bitcoin will correct and it will be a good opportunity for investors once again, and it could be the last, the Bitcoin halving is also coming in few months to this time, I believe the halving is more bullish for Bitcoin than this ETFs, many people don't know that this ETF proposal have been ongoing for past five years or more, and Bitcoin still made new all time high all through, whatever happens it's for the best.

ETF will be approved eventually, if not this month. But it is true that if they ask for more time then it will also have a bad impact on the market. Though there is news everywhere that the ETF will be approved this Wednesday, I still believe that there is some major negative news in the pipeline to crash the market so that these asset managers can buy the dip. Otherwise, there is no way they will be able to accumulate millions of bitcoins from the open market without pushing the price towards 200k. At that price it will be profitable for them or their customer!

For those people who do make some recent profits then for sure they would really be having those thoughts that they would really be needing to cashing it out and would wait up for that last dip before bull run kicks in on which we do really know that there is really a moment that prices would really be going down into the floor before we would really be going to the moon. The main question is, when it would happen?
Its true that it would really be that depending on a certain individual whether they would be securing their positions or would really be just letting be on the things that they are really that doing and simply
just watch out or simply making some DCA on the time that prices would really be going that low. There's no way that we could really be able to know on when it would be starting to kick.

Important thing is that you should really be that preparing your bag because we dont know on what would happen next but at least we do already have the idea
on where we are going next specially that every cycle there's bear and there's bull run.

Bitcoin Spot ETF will just cause some unexpected volatility in the market different from the ones we have being experiencing with bitcoin. After the date that it is expected to be approved and verdict given about it, the market will just experience some changes and after that, the market will go back to the way it is. I will just call it a turbulence that will shake the market a little and then gets back to its normalcy after that. Bitcoin bull run will come the same way it has been happening, neither Bitcoin Spot ETF will affect it in anyway.

Seeing the economic conditions of the lower classes, it is indeed very difficult to maintain the amount of Bitcoin in their wallets and it is also very difficult if the emergency funds that we have prepared for our needs are running low, of course this will be very difficult to survive.
I agree with what you say, we can sell the small part we have and leave more to wait for the right time to get a profit from the investment we make.

I also agree that this period is meant to serve as an opportunity for as many that were interested in making an investment, the market in general is going dip now especially with altcoins and we have to get the opportunity of making investment in bitcoin now and also trade as many altcoins we might have acquired, but for the benefits of those who haven't, they can acquire as little as they can afford to risk and make short investment on them.

I agree, not withdrawing right now is a good approach and should be considered as the best thing to do at the moment. I agree that there are some people who are fearing what may happen, but I think it would be quite good to just let it be, I feel like that would be an ideal situation. I am not saying that it is going to hurt us on the long run, but that is still a good thing and we need to let it be and not sell or not touch our coins and just hold and wait.

If we can do that for about a year, then we are going to get a lot more profit, and I am not sure how much more, but I bet that it is going to be way more than what most people assume it would be. I believe that in a year, we are going to peak over the ATH price and will do amazingly.

You can say whatever you want - but in reality the current economic situation is difficult for the lower classes. You know what I mean - so I probably don't need to explain at length why not everyone needs to accumulate as long as they already have some bitcoin in their wallet.

Holding bitcoin now and longer is a wise choice as long as you have an emergency fund - if not, sell some and leave more. This advice is intended so that you have safe options when you have investments - of course, this is part of long-term planning that you should not ignore. The bullish trend will come soon even if the SEC decides not to approve a bitcoin ETF - but if they do, the bullish will come sooner this year.

Many people are still waiting for bitcoin to take a correction to 35-36K level and even if bitcoin dumps to this price, it will be a healthy correction and a much needed one for Bitcoin to make another leg up. However, for the last many weeks, we have not seen a good correction only because of this bitcoin ETF hype.

If the bitcoin ETF is delayed, then for sure we may see this correction or it is cancelled (that is not likely to happen) then we may see further downward momentum, and in case EFT is approved, then we may see bitcoin above 50K and stable at some particular price level and then we again see some correction. Without correction, the financial markets and the bitcoin market can never make big highs.

You're correct, ETF will be very good for Bitcoin. It'll make more big Investors to know about Bitcoin and want to invest into Bitcoin. ETF won't have any bad disadvantage to Bitcoin price therefore we should be praying they get approved and not denied. Every dip should be approached as a chance to buy Bitcoin before EFT get approved. Bitcoin is going to be very high and many individual won't be able to buy one anymore due to the price.

When ETF gets approved more large organizations and countries will want to buy Bitcoin as they see others also doing it and won't want to miss out too. I don't think Bitcoin will fall that much again, Bitcoin has started the new year very well and it'll continue in this momentum for more time and not falling that much in the first quarter of the year. After the halving that's when I think Bitcoin will dump a little.

That is very true, in fact, when this positive trend continues, it would be better to maintain assets and even continue to buy according to your abilities.
I don't think a good choice is to exit when market conditions are fine, we have seen the Bitcoin price continue to increase since the last few months so I think this is a good moment to maintain assets and also to add assets is also good when we look at the prospects an increasingly positive (possible) future.

It's a good idea not to withdraw money in advance if the market is developing quite well because everyone will take advantage of this good trend for their own benefit. But if it's time to withdraw money, I think it's not a problem to do so as long as there is still potential for better price growth in Bitcoin. Of course it would also be very good to remain in the current position while continuing to implement purchases with the capabilities we currently have.

Bitcoin price still has a strong price swing whenever there’s news related to ETF approval. The price keeps recovering quickly whenever it dumps near the 40K support that only show how people keep holding on and keep positive in relation to the ETF approval because normally the price should be dump now if people is already lose hope to ETF approval since halving is still far from now to occur.

Trader usually use the most upcoming event instead of the later for trading and just trade using the later event once near.

Well, we may not expect it to run like in the previous halving but can't change how the community is expecting after halving as they are more optimistic than before. I may be wrong but people are tired of ETF approval, they are now looking forward to the impact of halving the market trend. And can't hide the fact that more people are investing in crypto these days because of the upcoming halving anticipating the possible skyrocket of prices when it is done.

I foresee that 2024 -2025 is a good year for cryptocurrency. Can't assure you how far the price of Bitcoin will reach but huge expectations are there.

It's like a perfectly manipulated attempt to suppress market prices so that those with these interests can buy cheaply.
When the news of the ETF delay appeared, the price of Bitcoin immediately dropped dramatically, touched the price of $42k again, and a few hours later,
the price began to rise again, being at $44k.

Those with big funds will just laugh at the sight of retailers panicking and selling their holdings.
ETFs are currently quite a good influence if accepted, but will worsen the Bitcoin market when they are rejected.
But the bad influence of ETFs will not last because Bitcoin enters at the moment of Halving and is indeed awaited as a Bullish moment that only happens once every 4 years.

Follow how the Whales build the current market sentiment, don't fight it with panic, we can only get on their backs.

Well again this will end in Waiting time , yeah ETF denial will never stop bitcoin from making another ATH because we have seen this happens many time before , but the thing here is that we are nearing the Halving so bitcoin will make another great chance to increase and so as we to purchase and make our folio open for another investing .
as soon as the market grows is the faster we can make withdrawal and money .

We're truly being led by the media, specifically by major organizations. They want the whole world to look at them and recognize them as pioneers in accepting Bitcoin, so that when newcomers want to enter this market, they immediately think of them. That's the current approach they're taking to grab a lot of attention towards Bitcoin ETF, overshadowing other factors such as understanding how the formation and development of this market have occurred, and where the long-term price increase of Bitcoin truly lies.

It can't be denied that when ETF is approved, a tremendous amount of money will pour into this market, but it's not accurate to say that without ETF, there wouldn't be money flowing into this market. Before publicly acknowledging the acceptance of Bitcoin, large organizations or even countries have quietly invested money in this market under various forms for a long time.

most believers have positive mindset on this market because we have seen how the market performed throughout the years. so it won't disappear without massive reason. those believers for sure are continuously adding btc on their stash in preparation for the imminent price increase of btc market.

for those who are still hesitant, there's no worry on that. as long as you invest on this market on your own free will, you should not regret your decision later on. because no one is forced to dip their hands on this.

but i also have the feeling that this market is on the positive direction because let's be real here. there is fixed supply and the demand is continuously increasing, so what do you think will the market perform by then? so the likelihood that it will increase is very high given the circumstances of the situation.

At some point, due to the coins being mined on each block becoming too few compared with the coins that are already in circulation, the halving will lose its influence to make the price to go up as fast as it has done on the past, however with the adoption all over the world growing and a rising worry in the mind of many citizens about the viability of the current economic model, I would guess the interest in bitcoin will remain strong enough so new ATHs could be reached at the time.

It will definitely have a new ATH and there is nothing that can stop that, I understand some people may feel a bit different about it, but that's just how it is and we should be considering that as the most logical outcome for this situation. I get that we may not reach to a point where it can't be really all that crazy, but we need to realize that it is not going to be all that weird neither.

We just need wait for it, and eventually that will happen, and given enough time, we are going to end up with a good result one way or another. I get that it is not going to be all that simple, but if we want to, then we could make it work. I know that it is going to be a bit tough, but it is not really that crazy to assume it can reach the new ATH price in the next year or so.

True, This is a basic book and most people probably don't care about the math and it trickles down to the few who have the resources to engage in it on a large scale and currently the Bitcoin network is becoming too slow to handle the flood of transactions and it seems like it is losing its usefulness as a payment systems in fact Transaction costs and processing times have increased. Why did Satoshi Nakamoto allow this?

Not yet logically too much money is going into the mining section of bitcoin I simply do not see

A rug pull. for the time being.

What you say makes sense because in the past bitcoin has created ATH after each halving without needing an ETF, so this time it won't be a big deal if the ETF is not approved. But let's not be too subjective that history will always repeat itself, I mean there is no 100% guarantee that bitcoin will continue to create ATH after the 2024 halving. In my opinion, we should still have a backup plan for the scenario if there is no ATH after the halving and I want to look at the long term rather than just focusing on the halving.

2024 there is a very large buy demand halving. even if the ETF is rejected, it only drops for a moment not the market is destroyed. every halving whatever conditions occur bitcon prices will rise high. after the new halving slowly the coin price will continue down price.
maybe if it is rejected it is only for market price correction before the price of bitcoin and altcoin will skyrocket and rise high again reaching the latest ATH price.

Currently the market is starting to look bullish again and the price of bitcoin has experienced a slight increase after a few hours of decline, the movement of bitcoin is still very stable ahead of the SEC's decision on the ETF and maybe this will even be an opportunity for us to collect bitcoin because if the SEC approves the Bitcoin ETF So it's possible that the Bitcoin price will pass the ATH in my opinion, but of course there will be many effects that might be felt by those of us who have been investing in Bitcoin, so far we have seen Bitcoin as an investment that is free or cannot be controlled by anyone, but If a bitcoin ETF is approved later, it is possible that Bitcoin will be regulated like other financial assets and let's see how good or bad the impact of a bitcoin ETF will be after the SEC announces it in January 2024 later...!

Bitcoin reaching it's new all time high has always been its goal even before SEC approval for bitcoin ETF news has spread out. That's why irregardless of its outcome, bitcoin is still determine to reach its goal.

However, upon seeing the SEC approval does not turn into reality, bitcoin price might be possibly affected and we should prepare for that. Not just to stay hodling on our investment but to take advantage on the new cheap price for bitcoin. Bitcoin accumulation will only be maximized if you do it at a perfect timing.

Its not that bad news would be unexpected, further resistance to a BTC ETF has to be known to be possible.   Its the manner and definition in which it takes place, if we have an absolute denial of any possible BTC ETF then I would expect a sell off to at least mid 30k prices.   Possible further but a correction then back above to 35k would indicate just how seriously that was taken; 35k then might be a ceiling etc. market perception would be developing.
   Long term I dont think it matters as much as people expect, ETF or not BTC prospects are really not about a tradable quote on the various stock markets.   BTC has to be more then just another symbol swung into and out by the speculators and leveraged traders.  The whole story about BTC doesnt come to rely on an ETF as that is centralism and its easy to see why authorities resist the idea of BTC being accepted into the fold as it is so different and unguided by traditional governance.

Perhaps you should've categorized the season where we can buy Bitcoin without monitoring price levels and that's in a bull season. This is because no matter where one buys, price is expected to quickly rally up even if it dips after one's purchase. We can't say the same thing when the market is in a bear season. No one wants to catch a falling knife during a bear rally and that's why everyone wants to be sure they're buying the bottom or close to it.

I think to say rugpull is not best term for it since Bitcoin is not a scam coin.
It is better to say manipulation because it's only made to liquidate stop-loss of traders as fuel to send the price higher or just to fill the order below so that they can join the impulsive up move of the price. I usually see it in the equal highs or lows. I noticed that it is also being used for the expected order flow to happen in time.

Not only the denial of approval of ETF can cause crash to crypto but also FOMC, CPI, and other bad news that is related to crypto.

It is a good advantage for long-term investors that they are not affected by many situations in the market. They do not make mistakes with instant decisions and continue to accumulate Bitcoin. This is a behavior that many people want to do but cannot do.

They make good use of the opportunities in the market and accumulate Bitcoin in every environment. The market has been offering buying opportunities for a long time, and long-term investors continue to take advantage of this.

This seems great opportunity, but to be honest, we long term traders don’t exactly look for specific opportunities. For us every moment is an opportunity. Whenever possible we buy the coins irrespective of the price. We know that Bitcoins are limited in number, hence there will be a time when there is scarcity of Bitcoins and to accumulate it the price will be high. In that time, if you sell these coins, then definitely you will make huge profits. Yes this ETF is a nice opportunity, but I would suggest to buy Bitcoins at regular intervals , irrespective of the opportunities.

Yes I have noticed that people are more interested in halving  because that's what would trigger the bull run and possible new ATH. Spot Bitcoin ETF might get approved which would be good for Bitcoin and at the same time even if it's not approved it would have very limited impact on Bitcoin.

But one good thing is that it has created so much hype and given much needed boost to the crypto and Bitcoin market in general which has pooled in more investment.

The main point to pay attention to is to focus on the potential of BTC in the long term and against the many arguments that expect Bitcoin's ATH in 2024/2025 to be like this and that, I think that's normal.

In my view, if we are updated regarding ETF licensing, whether through this forum or from several other mainstream media sources, I think it will be very easy to determine whether to move forward or hold on while analyzing for a while, where later there is the potential for an Emotional, Rollercoaster, from excitement to despair if bitcoin ETF is approved or not from users.

You are just right @ OP, sometimes I began to imagine the possible thoughts about the pissed off patients which runs through the minds of those Bitcoin traders who are looking up to the interesting horizons at when the ETF is approved so they could make prominent profits of their Bitcoins investments histories.
A lot of investors have accumulated their Bitcoins and so they are on the surveillance watch hoping to grab the all awaiting exciting opportunity of the bitcoins bull run, some pre-investors who want to embrace the bitcoins industry are on second thoughts of they should invest their funds or not? Because they are being enticed with the gladed news that the ETH would be approved so they could take advantage of it and accumulates more of Bitcoins with the appreciatable accelerational skyrocket in the Bitcoins markets but to some extends on watching over the system, they are already getting discouraged to invest on and lot of investors who has waited for its good news might not be able to hodl with their coins anymore and believes the only option is to sell their hodling.

The fact that the halving season is next year, whether the bitcoin ETF gets approved or not, doesn't change the already existing history of bitcoin price that it will increase than it has, months after the halving. However, if bitcoin ETF gets approved fine, if it doesn't, still fine. That won't change what is expected to happen for the ATH of bitcoin in 2024/2025,

Everyone is focused on what will happen next during the halving season rather than the bitcoin ETF because that event won't increase the value of bitcoin as much as the halving will (months later).

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.

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.

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.

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.

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.

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.

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.

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.

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.

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!

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.

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

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.

Later. Not as soon as you expect.

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

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.

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.

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.

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.

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.

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

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.

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.


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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.


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.

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.

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.



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

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...

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.

Why do you expect a bad newa anyways, and regardless of whether or not the Bitcoin ETF got through or not in January or no, life goes on for the cryptocurrency market,  so for that, let us just expect what lever from the sec because that ks government agency and at such they will be alot of drawback for them to make such decision some time and that the reason why the approval has not to scale through for all the while.
So since we have a major event coming up for the Bitcoin network around March or April,  it is important to not kill yourself of the motivation to accumulate more Bitcoin before that time, soprice dropice is a discount for Bitcoin investors who want to get more Bitcoin before that time.

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.

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.

The rise in the price of Bitcoin is not hanging on just the spot ETF approval, the sector has a big event which is the halving coming up next year. So investors are making decisions not just based in the ETF but the halving. I don't expect the price to crash because of disapproval but it might prevent the price from going higher if it was approved. A research by Matrixport also confirmed that Bitcoin could rise without SEC approval of ETF. The analysis claim that increased liquidity, halving event and the potential for Donald Trump wining the presidential elections could still propel the price to rise.  to be elected again providing further catalysts.


Bitcoin always creates the opportunity to buy or sell, so every investment should be sensitive to take advantage of any opportunity it offers at a given time. But I am not expecting anything less than an ATH next year.

Now, what if this happens just around the time of the halving? And then the price gets impacted and the whole expectation/mentality of the halving bringing about a Bull run gets ruined? I mean, I once tried to make people understand this and they kept arguing; factors like news(like this one), etc is what affect the value of Bitcoin in an impactful way and not halving. Well, in all, I know that after the bad, the good comes. So, even if this goes bad, Bitcoin will get back up as usual.

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.
 
Despite the ETF news, there has always been massive buying of bitcoin from different people. The good news is just that ETF happens to create and open a lot of people's minds over bitcoin and whether they should invest in it or not, so I can't see any market crash with ETF rejection; it will just be considered a regular market fluctuation.

approved or not, crypto will still be here creating headaches for them. so they might as well just approve it for at least they can see who's buying and selling.

but we can see already they are already preparing for approval since there are signs of it coming. there is never a better time for its approval than in a bull season so that profit will also flow on those big institutions filing those ETFs.

Massive buy opportunity if true. Although I doubt it. For one, the crypto hime we’ve been seeing for the past couple of weeks isn’t necessarily because of the ETF. But other reasons I personally don’t know myself. So if in any case the SEC blueballs us yet again with another decline of an ETF, I think the industry will do just fine perhaps with not even a substantial decrease in value, although I believe we’re due for a correction for some time already. And the market’s a ticking timebomb ready to blow up any day now. (A little exaggerated since it’s not gonna cause a crash, but oh well.)

I say if you don’t want to miss out on anything and take chances with all this “massive buy opportunities”, you guys try DCA.

I don't expect bitcoin to crash massively just because of potential ETF denial, in the same way I don't expect the huge rally (~$100k) in case of it getting approved,

 
Just a year ago bitcoin was  ~$17k meaning there was already a big opportunity recently to buy some cheap bitcoin and those who didn't buy then and had money ready probably woulnd't buy now if it dips harder, as they would be too afraid. But as that saying goes, everyone buys bitcoin as the price they deserve.  

I think there is an ongoing debate about the effect of ETF on the price of Bitcoin. Some argue that the introduction of ETF could increase liquidity, accessibility and institutional interest, which could positively affect the price of Bitcoin. Others believe that the impact of ETF on the price of Bitcoin may be limited, as the market is influenced by various factors. However, the relationship between ETF and Bitcoin price growth is not direct and can be influenced by various factors such as market sentiment, regulatory developments and overall market conditions. The impact of ETF on the price of Bitcoin is uncertain and cannot be said with certainty.

I really liked all the responses from members here. It's important to make sure that our decision to wait for Bitcoin or hold it shouldn't rely only on the hope of the Bitcoin ETF news to be positive and the SEC's decision or any other news that a country or a government decisions. We can't predict if the SEC's declaration will be positive or negative for Bitcoin. that’s why it's better to keep our current holdings of bitcoin without relying on this one news even that it will have an impact on the price .

But undoubtedly, the impact of the SEC decision will be hard, will touch the market volatility instantly after the announcement on January 10, 2024. but still, our approach to Bitcoin should be a broader perspective, considering various factors beyond this single event. No matter what happens next we will still on the same direction.

We've seen Bitcoin held back by bogus ETFs for over a year now. All these bogus ETFs seem completely dramatic to me. However, the Bitcoin ETF is supposed to be approved in January If the Bitcoin ETF is approved in January, Bitcoin could be directly between $70,000 and $100,000. Meanwhile, unless the dramatic fake Bitcoin ETF is approved in January, I still think the Bitcoin market will be bullish. We can see a pattern of Bitcoin growth in early January as the current position suggests that Bitcoin will definitely rise in January. Bitcoin investment opportunities we missed in 2022 but if you still use those opportunities, you can reap good benefits very soon.

Total silence from SEC about the discussion which will decide for Bitcoin ETF approval or not. They have by January 10 to bang the gavel. Meanwhile, I see there are lots of expectations growing among BTC investors as we see the market getting more bullish, although I'm not sure if it's mainly for SEC and ETF or if it's just a pre-halving effect of optimism.

I tend to believe even a denial from SEC isn't powerful enough to contain the bullish potential the halving has. So the most important event to focus right now is the halving. Even if SEC denies the proposal and we see a temporary crash in prices (nothing too extreme), it means an opportunity to buy some cheaper Bitcoins thinking on the following months, more especifically April, which will finally bring us the halving. From that moment on, with or without ETF, Bitcoin is likely to flourish to superior price ranges.

Personally, I don't think SEC would prejudice Bitcoin at this moment. Bitcoin is so strong and influent among every sectors of society in global scale, that even some high-ranking members from government must be investors. Therefore, it's interesting for them that Bitcoin does well this time. They play strategically, otherwise why would they schedule an important decision like that so close to Bitcoin's halving expected date?

You're hitting on a crucial point in the crypto world – how market sentiment and big regulatory decisions, like ETF approvals, can really shake things up. It's like a high-stakes game where the rules are still being written, right?

If the ETF gets denied and we see a dip, it'll definitely test the waters on how folks react to the news. It's all about that market psychology. But you're right; Bitcoin has a way of bouncing back, hitting new highs even after setbacks. It's resilient like that.

And totally, if there's a dip, it could be a chance to grab some more Bitcoin at lower prices. But it's all about not getting caught up in the panic. Easier said than done, but that's where the smart moves are made. Remember, in the crypto rollercoaster, sometimes those scary drops are just leading up to the next big climb. 🎢📉📈💪

whether or not the bitcoin ETF is accepted by the sec will not affect how bitcoin can reach its ATH. it is true that if the sec rejects the bitcoin ETF it will make investors feel disappointed and could cause a bearish market, but that is only temporary, it will not cause the price of bitcoin to decrease drastically as you said, because the expectations of bitcoin investors are not only on the approval of the bitcoin ETF by the sec, but there are several other factors such as halving, bitcoin's potential, etc., and these factors will continue to support bitcoin until it reaches its ATH or even passes it.

I know that there's a big market share for the US Bitcoin ETF applications but don't just look at them, there have been ETFs also in some other countries that have been approved already.

And, don't just think that it's going to be the biggest contributor of the next bull run. We've got halving remember? That's the major thing that we're all expecting to contribute at these cycles.

Actually this is going to determine who are going to be the panic sellers.

Then you're wrong, majority will beat the minority just like Bitcoin protocol.

The fact is majority believe bull run will happen because they're believing in history. It just that we don't exactly know when it will happen and how much the highest price that the next ATH would make.

Regardless the ETH will be approved or not, it's not related to real Bitcoin.

There will always be another rugpull in the future. Maybe the SEC/ETF stuff is the one, maybe not. Lots of people think bitcoin will go above $100k when the SEC approves the Blackrock ETF. I can't stress "lots of" enough here. They all take position to take advantage of this event but what if they are getting fooled? Like you said the opposite can happen too. Another thing is, this ETF is no good for bitcoin in the long run. It will only give a temporary price boost and then blackrock will be the new ruler of the network. I don't think I'm OK with this. Anyway this is just another event which will come and go. There will be many others in the future. Don't feel bad if you miss this one.

SEC denied Bitcoin Spot ETF applications many times and it is not only in 2023 or 2024 but many years in the past. Denials will trigger a market crash because Bitcoin, Ethereum led the market that was heated up a lot recent months because they thought Bitcoin Spot ETFs soon will be approved because of Black Rock very high successful in ETF applications.

Bitcoin will have its bull market in 2024 without Bitcoin Spot ETF but I as same as other people hope that SEC will approve Bitcoin Spot ETF.

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.