With the projected approval of the CBOE ETF application by SEC, it is very likely that BTC and the cryptocurrency market as a whole is ready for a massive bull run. However, it is all speculation but I do have a good feeling about september.
The ETF wont likely be approved till Feb 2019 as that is the last point to refuse it. An optimistic stance is to believe they will pass it at that point but to assume they do so now seems most unlikely following other similar refusals. Its possible as related to CBOE but still quite unlikely imo
Yes, its possible that we can see another postponement. Others say that SEC is playing with our emotions.
Is Bitcoin ready to pump?
After a long wait, everyone wonders when Bitcoin will make a big pump. Many altcoins depend on Bitcoin and so it has some effect on them. So my question is: do you think Bitcoin is about to go up or should we expect a big drop?
Again, crypto is a speculative asset so we can't predict when or how the price will go. We started this month with a blast, peaking at around $7300 and everyone gets excited and thinking that this is the bull run we all have been waiting for. Unfortunately, though it didn't last so no one can be certain. I believed that if the next bull run will occur, it will happen when there's a positive news, a big one that will put investors interest back on the market. Sadly, I'm not seeing anything except maybe LN or bitcoin's next halving.
