Well, the ETF decision has been pushed to September, so it is still awhile to see if that will have any significant impact on the market.
Mostly, I think after seven months of crashing and slumps, people will take any news as hope.
This can be a good and bad thing as it can jumpstart confidence in the market again which can grow into a full on bull run.
Of course, it can also be bad because it can easily lose steem quickly, then people lose confidence, start hodling again, and it crashes.
Me, personally, I feel like this is the gradual start of our next bull run that will culminate around october or so.
Crypto isn't dead by a long shot.
Btc especially has got one or two more crazy bull runs ahead.
The timing is really right and things are looking to be pretty crazy in the next couple months.
I am not aware that the decision has been pushed for September, as I know 10th of August is still valid.
Agree on perfect timing, but this time BTC rise is not fully followed by Alts and BTC is strengthening
it`s market dominance from 42 to 47n last six days. ( almost 1 % / day ). If this trend continuous early
August we can easily see around 55% BTC market dominance.
