Really excited to see how BTC price will react to this decision, let's hope it will get approved
Has been rejected
Good news for natural bitcoin growth in my opinion.
A few whales will get beached, and then they will explode from there own internal gas expansion.
You'd think some bitcoin holders only have one year to live since they want to get rich so quick.
1 BTC still equals 1 BTC.
It would be a miracle if the price did not drop, right?
Maybe I am speculating, but as long as I know Bitcoin's nature (years of observation), also in regard to the current market tendency, I feel like Bitcoin will recover it's price just within the following week or two max. I'm just trying to tell you, we have no reason to worry about it right now at least, just keep BTC and wait patiently. Don't panic like others, who just destroyed the price instantly, but temporarily by so called "panic selling".
BTC ETF proposal rejection is not end of the world, it's just another lost fight of Crypto World War I against the systems, with some temporary price casualties