Topic: Whether Bitcoin ETFs are approved or not, we expect bullish trend (Read 594 times)

Prices are on the rise due to rumors of a spot Bitcoin ETF getting approved by the SEC. Not has been officially confirmed by the agency yet, but you know how it goes. If the SEC delays ETF applications again, you can expect the bullish season to come to a halt. At least, for a short period of time. Bitcoin has been known to obtain new ATHs in the past without an ETF. So it's likely BTC will do fine in the long run.

In case spot ETFs are approved by the SEC, market prices will never go below $26k ever again. There will be a massive bull run like you've never seen before. Your best bet would be to buy and "hodl" as much Bitcoin as possible before this happens. Who knows if you'll become the next Bitcoin millionaire in the future?

You got this right, there have been bull run without ETF, so even if the ETF gets rejected, there will always be bull run. On a second thought, it is looking like the market makers are pushing the narratives of the ETF approval, their way of manipulating the market to their advantage. Whatever happens, we should hold on to our Bitcoin.

There is no doubt that many people will panic and sell off should the market start crashing if the Bitcoin ETF are rejected. This is normal but since we know that Bitcoin will always come out stronger, the wise thing to do is to buy more. To succeed in Bitcoin requires that we have confidence in it.

The earlier we realized that influencers or investors opinion doesn't have power to do anything about bitcoin moves, the better for everyone. Everyone knows what is happening behind the scene of Bitcoin and the rich men behind spot ETF, they are strong people that uphold so many wealth like Microsoft and apple shares but l have never for think for once they are the key to.the next bull run, they can be influencing to bitcoin since they control the traditional market but I don't believe them when they say anything good about bitcoin, that was how Elon was pushing it the last time only to come and exit payment in Tesla after selling his sats on the low.

For the influencers that are already pushing the narrative of bitcoin will do this and that, better lower your expectations because we might not really make big moves like we did in the past but rest assured that bitcoin will make some moves but making it as if it's a guarantee is very misleading. Remember that we had lot large investors and institutionals that are waiting for it to reach a certain price so they can offload. We might a not even see big moves that much but perhaps after the halving after the fake pump.

While the approval of Bitcoin ETFs may have short-term effects on the market, it's important to remember that Bitcoin's value is influenced by a myriad of factors, including adoption, demand, and macroeconomic conditions. Crypto markets are known for their volatility, and it's wise for investors to diversify their strategies and not solely rely on ETF approvals. Being prepared for various scenarios, like market fluctuations or the potential halving event in 2024, is essential for any crypto investor.

You can be sure that Bitcoin ETF will be approved in January 2024 and that the Bitcoin market will be bullish. All of these problems with Bitcoin seem completely dramatic to me. But those of you who think Bitcoin market will not be bullish in 2024 because of ETF are totally wrong, you can be sure that in January 2024 all Bitcoin ETF will be approved and Bitcoin market will be bullish. Even if Bitcoin ETF are not approved, the Bitcoin market will continue to boom. Bitcoin market currently stands at $36860. We may see Bitcoin market within $40,000 very soon.

I do not know, I really think that the approval of Bitcoin ETF could bring on its own a new ATH, just the fake rumors that circulated for a few hours were enough to make the price to grow very rapidly, if it was confirmed this was true and that more ETFs were coming then the price of bitcoin will grow at an astonishing speed, however I am fine with an ETF not being approved yet, as if this were to happen once the halving took place then the effect of a news like that should be even bigger.

There had been many incidences when various news related to crypto which could move prices up turned out to be false. But where do you see bitcoin prices ? It has been moving up steadily for last 10 years. This trend will continue in future also and those who are here for long term will make the maximum profits. Traders will not only incur loss but will always remain tensed with frequent ups and downs in bitcoin prices.

ETFs were never part of the plan. They're only a means to help introduce mainstream investors (particularly, institutional investors) into Bitcoin. With the approval of a spot ETF for Bitcoin, the crypto/Blockchain industry will have some sort of legitimacy. But this would come at a risk of higher centralization in the long run. Bitcoin was created as a response of banks' failures in 2008 (which resulted in a big financial crisis). The whole idea was to eliminate the middleman which was known to bring manipulation, corruption, and fraud into the economic system.

By bringing "Wall Street" into Bitcoin, we're embracing banks with open arms. It's not what Satoshi wanted in the first place, but there's nothing we can do about it. Especially if we want market prices to go up. With the approval of Bitcoin spot ETFs, subsequent block reward halvings, and increasing government acceptance, it should only be a matter of time before the market turns bullish again. Buying BTC now, could be your best bet of striking it rich in the future. Ultimately, it's all about utility (not the price). As long as Bitcoin does the job it's supposed to, there should be nothing to worry about.

Bitcoin ETFs are just one small part of the bitcoin universe, I don't think they alone can push bitcoin to a new ATH. It's definitely some positive Impulse for the bitcoin price if the ETFs get approved, but I think the halving that is coming next year is going to be more important. The bitcoin price already made a jump last month and we shouldn't expect too much of it for the next two months. The important thing with the bitcoin ETFs is that it shows us there is a lot of demand from investors to participate in the crypto markets. It's going to be just a matter of time for the new products to come to the market and be successful. As long as there is demand the financial service industry will find ways to give the investors what they want. I am definitely bullish for 2024 and wouldn't consider selling any coins in the meantime.

Certainly never know when it comes but most of us believe in a 4-year cycle where we are expecting another ATH. Not this year, not next year but we are expecting it by 2025. Maybe I can be wrong and maybe my assumptions are right which is why I don't think about ATH because it was too early. The price increase of Bitcoin is still temporary, probably someday we experience another drop, and the price stuck.
People are spreading rumors about ETF approval but it never has a huge impact on the market price that is why I don't make it a reason to see a bullish market when the halving is not yet happened.

I don't really care too much about how ETFs will benefit bitcoin in the future because we're doing just fine without it. My only concern is that I see people are excited about the ETFs and I'm looking forward to when it gets approved, it will help bitcoin go higher than we expected and could give us better returns, which is the only thing I expect with the ETF.

ETFs may affect the decentralization of bitcoin, but it is something we cannot avoid, you are right. So instead of hating it, we should accept it and take advantage of the opportunities it brings to achieve our profit goals.

This is of course, because in 15 years of existence and development, bitcoin did not need any ETF and it could also increase from $0.10 to $69 thousand. So, even without ETF approval, bitcoin will continue to grow and become more popular. At the end of the day, an ETF doesn't really do anything for bitcoin as it just makes bitcoin more centralized, but it will have a positive impact on investor sentiment. This can help bitcoin value grow better and we can make better profits.

So I don't know why you say it moves mysteriously. It moves logically, very logically upwards but with volatility, of course. Its unique properties such as the total limit to production and decentralisation are what make it go up over the long term with a certain regularity in the cycles. I don't see anything magical about that.

But it's a welcoming one if ETF gets approved because many people that have projected the price at a specific time would get the number wrong because the price that they predicted might happen earlier and when that happens then we can assume that bitcoin's price will continue to go up more than we expect and that would mean more profits for everyone hodling their bitcoin.

A spot ETF is inevitable. There's a lot of serious investors who'd want to pour money into the crypto market. I'm sure the US government won't want to miss this huge opportunity. Otherwise, other countries "will eat its cake". If Hong Kong (China) and the UAE are opening their arms to crypto/Blockchain tech, why would the US want to be left behind in the dust?

Once the SEC gives the "green light" for a spot Bitcoin ETF, there should be nothing stopping market prices from rising like crazy. I believe this will revive the hype. If you're smart, you'd buy as much BTC as you can before this happens. Remember, "the early bird catches the worm". Who knows if you'll become the next Bitcoin millionaire once "bulls" take control of the market again?

Although I agree with what the OP said, whether there is an ETF or not, bitcoin will still increase in price and we will still enter the bull season after the halving. But you're right, the question about ETFs is no longer "if", the question is "when" will it be approved, ETFs are inevitable and will definitely happen. Even if the SEC continues to delay, funds and institutions will continue to amend their ETF proposals until the SEC has to accept. To me, ETFs are already part of the market even though they haven't been officially approved.

Bitcoin had experienced "pumps" way before crypto ETFs were announced. I'm sure it will do fine if the SEC decides to delay the spot application again. The halving event, combined with the (hopeful) approval of a spot ETF by the SEC, should lead BTC all the way to "Mars". The question is not "IF" it will happen, but rather "WHEN". You can see prices are beginning to rise even when there hasn't been an official confirmation by the US regulatory agency. Imagine how far BTC will go once institutional investors join the game.

Keep in mind that BTC was initially created as an alternative digital currency to Fiat. Not a store of value. It's just that "Wall Street" changed people's perception about it. Decentralization is what matters above all else. As long as Bitcoin stays that way, there should be nothing to worry about.

People tend to forget that bitcoin price moves mysteriously. Whether there’s a factor that affects bitcoin or not, it’s price will definitely head to into a bullish trend no matter what. Bitcoin’s fate is to grow its price and be bullish, so it will certainly happen in time.

However, I also believe that if this bitcoin ETF will be approved sooner, then we will see a more bullish price earlier. But if not, of course bitcoin will still be bullish but maybe a couple of months after the bitcoin halving.

Bitcoin has always been bullish with or without them, they are institutional investors that find their ways to drive adoption inside bitcoin which is fine but I don't see anything special about this ETF. It will even make bitcoin to be more speculative and centralized by the ETF holders and since they don't even hold the main bitcoin, they don't really care about bitcoin, they make the noise to make their investment bigger and sell when they wish.

For what reason though? Bitcoin's volatile and all that stuff yes, but it's not illogical, the pump from then on until now have been warranted and have been sustained by events that lead to it pumping the price, bitcoin can't just pump its value whenever it so pleases, it doesn't work that way lol. The ETF isn't necessarily a fake news either as it has been found to be true anyway later on, or at least news about it surfacing a little later than what the whole industry has expected. I suspect that once the hype around this ETF subsides, we'll probably get back to the 30k ball park once again, probably even dump as it's been like that every time we enter a new bull season. We expect bitcoin to drop a little lower for the first couple of months only for it to pump like crazy once it gains back its momentum.

Bitcoin can rise with news and its big bull run comes with its halving around which we have many news to help it rising seriously. But growth can be organic or just manipulation and we will see organic growth not with all time highs, yearly max price but we actually see it better with Yearly min (lowest) price.

Because lowest price of each year will be representative price of most hardest time for Bitcoin market within a single year. If it shows an upward trend, it is organic.

I can not disagree that Bitcoin Spot ETF is important but Bitcoin will still grow up without Bitcoin Spot ETF.

Bitcoin could still rise in price and reach new ATH even without an ETF, but underestimating ETFs and their impact would be a mistake. Last week we had fake news about an ETF being approved and bitcoin also reacted quite well, and in the past week with some positive news related to ETFs, the market is very bullish. So I think if an ETF is actually approved, it will have a huge impact on bitcoin and the market. I believe we will even enter a bull season before the halving if the ETF is approved soon.

I've found that a lot of people in the Bitcoin community feel the same way. The whole ETF approval debate is overhyped. In a way, this approval seems like it will be the key to getting most people to accept Bitcoin. However, we've never had a spot ETF in the U.S. market before. Who knows how the wind will blow? Aside from one SEC decision, I really think the market is much stronger and more stable than that.

However, the halving - thats the real deal. History has shown us over and over again how it can change things. Sure, people will be upset if the spot ETF doesnt get the go-ahead. But the halving effect? That cant be denied. Increased demand post-halving is almost a given. Some people focus too much on approvals from outside regulators instead of the value and principles of Bitcoin itself. The market will move in its own way, so let the SEC do its thing

as we have seen thru the years of this market, we can never be sure when will we see this new ATH. combination of various factors will influence the path for this new price level.
now, when it comes to btc ETF, it may have slight influence but it doesn't really give a high rally in the price.

I expect Bitcoin to go properly bullish (as in, gain value really fast, leading up to a new ATH along the way) one year from now. That's based purely on analysis of previous bullish markets, but it's dubious and can be interpreted in different ways, I realize that. A sudden ETF approval may speed up the process and boost the price, although I don't think it would be enough to drive the market all the way to the new ATH. Another ETF rejection would likely have some negative impact, but I think it would only be temporary and fairly mild. So I don't think it's a big deal.

Not on halving itself. Halving is part of it, but if people were not convinced of Bitcoin's overall design and functionality then whether there is halving or not Bitcoin would still fail. Halving is just one good part of Bitcoin's overall design.

I agree that Bitcoin may also benefit from favorable economic situations, but that doesn't dictate Bitcoin's price. It could very well happen that the world is facing economic challenges while Bitcoin continues to rise.

A Bitcoin spot ETF approval is indeed a big factor right now. It would definitely help push the price up, but again, with or without it, the price would conquer another ATH sooner or later.

I am not as enthusiastic about this spot etf approval in the U.S. like so many other bitcoiners i interact with, i am not against this opportunity to attract institutional investors into the market, but i also strongly believe in not your keys, not your coins; so i just think either it gets approved or rejected and i'm fine with any decision from the sec. Too many bitcoiners sound like etf approval is too important for the BTC market, take note that we haven't ever had a spot etf in the u.s. market, so we cannot even predict how the market will react.

The halving will create a pump in price if history repeats itself, and if BTC spot etf isn't approved, a lot of people will be disappointed, but demand will increase because of the halving and people have experienced how the halving affects the price, so another rejection from the sec would not crash the price.

If you want to take advantage of this hype, you can always buy some for your stash.
As we can't stop this kind of vibe in the market, what we can do is observe and just go along, but still remember what needs to be done with our funds.
We have seen that ETF or not, this market is continuously growing and so with the demand. This is why it is no big deal anymore when it comes to approval of this application.
However, we can't totally ignore its impact in the market. Just don't have high expectations when it comes to estimating your assets.

For now, maybe ETF approval is highly anticipated because it can make a difference in market prices. But bullishness is not entirely dependent on Spot Bitcoin ETF approval and rejection.

Many expect the Spot Bitcoin ETF decision to be approved soon to boost Bitcoin prices. The benefits that can be obtained from Exchange-Traded Fund (ETF) by traders and investors who are anxious about price fluctuations may be a little relieved.
I agree that in the short term, this moment is very important for those who are active as traders.

This is not the first time we are in a similar situation! There have been a couple of cases in the pat, specially in 2017. First it is bitcoin being stuck below a resistance that it can not break, then the rumors about ETF being about to be approved start and it breaks that resistance or it breaks the resistance then the rumors start, it won't make a difference.
Then the ETF is rejected and the market manipulators try to fill their pockets.

Guess what happens after that? LOL. Every time there is some ups and downs during a rally and manipulators try to make profit from the small swings on the way up. In the end the rally continues regardless of them.

Most probably the price will retraced since this recent pump is due to pure speculation about potential ETF approval of Blackrock. Bitcoin price is always sensitive to any hype or FUD news that makes it too volatile. Bitcoin price sudden jump from 27k to 30K with just a mere fake news from cointelegraph. This show how easy to manipulate the price in short term but i still believe that even with price retrace the Bitcoin rally will continue since Bitcoin halving is only few months aways.

ETF hype is just a stepping stone to one of the major event on Bitcoin that is consistent that giving hype the price in long term due to the increase on mining difficulty.

Bitcoin's bullish trend is not tied to or dependent on ETFs, but if it is actually approved by the SEC, we will have a stronger bull run. I think that's what people expect and a reason for people to be excited about ETFs, and no one is saying that without ETFs there wouldn't be a bull season.  I bet you that everyone is very interested in etfs but few will understand what it is even those who are discussing in this thread.  to be honest, I have never seriously read to find out what an ETF is, simply because I think bitcoin will grow and become stronger whether etfs exist or not.

Regardless of the outcome of the ETF we will see bullish movement in Bitcoin as it has been bearish for a long time and the market will gradually turn bullish around the halving. But if the ETF is approved then we might be able to see bullish movement in Bitcoin before the halving. So for those who are Bitcoin enthusiasts it is necessary to take advance preparation. A Bitcoin investor should do due diligence before investing and there is nothing to be disappointed after investing. Crypto Tony originally posted a disclaimer in his post for those investing from the one side that only ETFs will be approved. But the bottom line is that everyone should do due diligence before investing.

Even before these ETFs have been applied, we're already assuming that the bull run is about to come because of the halving, nothing more nothing less. So, with these ETFs granted that they will be approved means that there's another component that will help to gain that bull run.
But most investors have already been here and those that are newly investing because of the Bitcoin ETFs, you can't blame them if they're in for that because that's how they met this market but they'll soon understand that the market isn't all about those ETFs and what not.

Nobody knows but as per the OP's point there seems to be a lot of speculative buying
based moreso on an imminent ETF approval than anything else.

Its ok IMO to bet on the halving, thats going to happen and the effect of it more than likely
wont happen straight away but betting on an ETF approval is really a gamble which will/may
result in a lot of people getting hurt.


Nobody seems to be posting the saying "buy the hype, sell the news" it may happen that
the rise after an ETF approval wont be when a lot of people expect, it could be a
couple of weeks after the event!

I am also very positive about a rise from the halving next year but again it may not be
immediately after the event.

Yeah, all that pumps are really cool but im afraid that they can use etf to manipulate and control our market..

I agree, whatever the outcome of the decision to accept or reject EFT, the bullish trend is something that cannot be avoided. We have gone through the Halving process and it is clear how significant improvements have been achieved. However, if an ETF is approved, rising prices would provide an even bigger boost. For example, when we found fake news that said the Bitcoin ETF was accepted some time ago the price immediately jumped very quickly before finally being dumped again. So with just a brief overview we realize how market sentiment was strong enough and quick to respond to Bitcoin ETF acceptance.

Whether or not Bitcoin ETF gets approved, bitcoin is going to go bullish sooner or later.
It may be that bitcoin price will get corrected and get dumped a little because of the negative news in the market.
But the price will get recovered later and we will go bullish, no doubt about that.

Bull run happen before even if there's no ETF approval happen so for sure without this to happen for sure that we can still see this since halving effect have more bigger weights rather than waiting for its result. But the bull run will happen without it is just short term pump the same as before so expect that dump will immediately follow once bitcoin reach its all time high. So even if we actually see it as main recipe for a bull run but its importance is for long term high price stability since for sure accumulation and holding phase will not stop on that events since there are so many reason to hold if ETF approval will successfully happen. on legal means ETF is important since it can make those other skeptical people who always go with legal asset to think that they should have some bitcoin since this is approve by government as an asset and also good for their investments.

I've always said my own, he who have ears let him hear, It's better to be fully ready to big retracement from bad news that these people can release at any time, just imagine if ETF is no more important or they call it all off to manipulate the market, it's possible but it's stupid to believe in one side in this crypto space, you will panic and fear will hit you hard if you are only bullish and not bearish, anything is possible.

Either it's recession or ETF rejections, be prepared, have some money separate for possible disaster planned by the manipulators, and keep doing your weekly or monthly DCA, I have promised myself that this bull market will be the best one for me so far, and I plan to erase any form of fear and panic from my path, whatever they plan to do I am already prepared.

ETFs have been rejected too many times before and Bitcoin doesn't care but the adopters will be shaken off once again if ETF is not approved, it looks like it will be approved this time but I am not ready to make a bet on it, what if I am wrong? So instead I already save some money aside for any massive FUD in the market.

The Bitcoin halving has gone according to plan even without an ETF, the 4 year cycle is still going on as it should. The difference here is that the big boost from the ETF approval provides additional strength to continue bullish beyond last season's ATH price. So even if the ETF is not approved, we will remain in the Halving phase and not change. Let's say this ETF is part of a push, but that doesn't mean the Halving will depend on whether it is approved or not. Seeing the bullish attitude shown by Larry Fick, I think Bitcoin price movements are increasingly showing it as a safer escape. Regardless of whether this is premature optimistic sentiment or whether it is already in a bullish market. Still have thorough preparations to face the good and bad possibilities of the impact of this issue.

If we are to go by the previous halving we had already, does the incident of bullrun has anything to do with spot bitcoin ETF approval or not, we can see that bitcoin today is not depending on any of these, if not, maybe the recent surge in the market price would have been attributed to the fact that bitcoin spot ETF was approved, meanwhile the market never go dip despite it's unapproval.


Now you have just hitted the point, it is exactly as you have said it, bitcoin remains the way it has always been, but spot ETF approval will also have a great impact in taking the market towards the next level.

I think differently than you. I believe the new bull run will start with a Bitcoin halving in 2024 and that event will be shilled on media to warm up Bitcoin market several months before the halving, like the first quarter of 2024.

A few months after halving, market will be heated up enough and maybe we will have a first Spot Bitcoin ETF in USA. It, if approved, will be a final big news to help Bitcoin making a new all time high. Then we will go with another long bear market that might start in second half of 2025 and will end in middle or late of 2027.

The market history of bitcoin for the months of November and December is pretty so there's that factor why the potential for an upward trajectory is high so no surprises there. That sustain is pretty flimsy if you ask me because bitcoin isn't due to collapse anytime despite fluctuations/volatility in the market. I hope that the bullish trend is real, I want to make a hefty profits with the bitcoin that I bought during it's lowest point this year, I don't know about what Crypto Tony says though, that the bullish trend can happen regardless of the ETFs approval result.

There were attempts to start an ETF many years ago. As far as I remember we had first ETF hype in 2017 when people waited for a futures ETF that eventually allowed Wall Street to short bitcoin and eventually lead to the end of the bull market in 2018.

Then there were hopes for another one in 2019 which started that 2019 rally where people thought it was a bull market already, but in reality we had to wait another year for that.

The New York-based investment management company VanEck has proposed a bitcoin-linked ETF vehicle alongside its partner, SolidX. While the SEC has rejected past attempts at launching cryptocurrency ETFs (the Winklevoss brothers' bitcoin ETF was shot down on two different occasions), analysts have argued that VanEck's product is different.
https://www.investopedia.com/news/what-watch-sec-bitcoin-etf-decision-early-friday/

I'm sure that a spot ETF approval will pump the price, but we don't really need that for a bull market to start. It's going to start anyway after the halving, but an ETF could make the price go up much faster.
Without it we could be waiting until 2025.

I wouldn't really expect too much about the bullish trend because it is not in our control. We cannot just solely rely on ETFs as the other strong catalysts behind the strong rally apart from the much-anticipated Bitcoin halving.

Plus there will be no guarantees on whether an ETF will be approved or not on a specific date because the US SEC can change their minds by either postponing or declining the approval. It's something that we should be prepared as well.

The black swans would appear at any moment without warning for the FUD to kick in that would cause the market to go downturn unexpectedly.

If ever the Bitcoin ETF was not approved and waiting for the halving period of Bitcoin, the bullish trend is still not really guaranteed. Time will tell and let's see what happens after that.

Bitcoin still has the potential to continue its upward trajectory, perhaps influenced by the approval of ETF. However, in the long run, it is more likely to sustain its growth amidst ongoing fluctuations.

It's been a long time coming for ETF approval, like who still believes in this anyways? Some people do want ETF to happen before they start investing in Bitcoin as this will increase their confidence in Bitcoin, I totally get it but this is also a big tool for THEM to successfully manipulate the market, it's left for you to make a choice, and I don't have any in mind than to do NOTHING.

I am prepared to just watch and see how things play out, but I can promise you that Bitcoin won't feel a thing, some people will panic sell because if the buy the rumour sell the news strategy but it will be a big opportunity for the manipulators to start buying the dips too, like I've said before, this ETF approval is a near perfect tool for them to use against the market.

People are now getting used to the year of Bitcoin halving to be a bearish year, if CoVid can happen in 2020 then something else can happen in 2024, it doesn't have to be another virus outbreak, maybe it will be rejection of all ETF? All I am saying is to not let your guides down, be careful what you are wishing for.

To be honest, we have been hearing this so called Bitcoin ETF and others since 2017. And from that point moving forward, bitcoin is not affected, by the rejection or non-approval by SEC. Of course, it will be a plus if we will get the approval, but I think we can survived and experienced the imminent bull run next year. Just like when Covid-19 didn't stop bitcoin back then, reaching another all time high at $69k.

So not just because that we will not get that approval doesn't mean that we will not have a bull run and all time high. Bitcoin ecosystem is in a cycle, bear and bull, happening every 4 years. And no matter what is happening in the financial world or geo-political or again, the pandemic, no one is going to stop the eventual bull run, in my opinion.

I don't think so, ETF approvals are the main thing these days, the most awaited events. For sure for the long term it will not really depend on it but for the short term, it is really important especially if you are a trader, you will see very volatile price actions.

Bullish does not depend on the acceptance and rejection decisions of Spot Bitcoin ETF applications. Spot Bitcoin ETFs and halving events could be one of the reasons that strengthens bullish.

Based on what I have researched about market prices, it is currently bullish because prices have increased.
Bullish and a new ATH will occur even if the Spot Bitcoin ETF is not approved.

Please correct if I wrong.

What evidence do you have for this? I don't deny that the impact of ETFs would be huge on bitcoin prices if approved, but that doesn't mean bitcoin price increases depend on it. If the ETF is not approved this year, we will not have a significant price increase, but once the halving occurs, supply decreases and demand continues to increase, a price increase is inevitable. Everything will not change, history will still repeat itself when the halving takes place. The value of an asset is based on supply and demand, not the ETFs or any government agency.

In the end, Bitcoin will still experience its bullish period, whether the Bitcoin ETF application is approved or not. But there is a high probability that a Bitcoin ETF will be approved, although no one knows when. But if the Bitcoin ETF has not been approved until the halving event, maybe Bitcoin will still get a pump even though it may not immediately jump to its highest price.

But if a Bitcoin ETF is approved, it would be an opportunity for Bitcoin to gain more support from many parties. For now, investors who don't think about whether an ETF is approved or not are still accumulating more Bitcoin because they are investing in Bitcoin for the long term. Everything could happen in the future so that they can prepare now.

There may be a brief decline in Bitcoin prices, especially if a Bitcoin ETF has not been approved or is still delaying its decision. So we should not think too much about it and keep trying to accumulate more Bitcoins.

But I'm sure many people don't really understand what the news and meaning of ETFs are, but that's clearly the main reason at this stage for us to discuss volatility for bitcoin.

I have also mentioned that ETFs will be a way for large investors to create a lot of momentum until it has an official announcement, anyway, being in this market for a while makes me realize that even Anyway, Bitcoin must increase even if there is no impact from this news, there will be other reasons that are exaggerated. From an investment perspective, I like the current volatility because it gives me more time to prepare for a long-term plan with bitcoin in the next few years or beyond.

There will undoubtedly still be a bull market in cryptocurrencies even if the ETF rejects applications once more. How frequently have similar circumstances occurred in the industry? Holders will continue to have the chance to benefit here in the commercial world of the crypto space.

There has already been a slight market bull run as the halving draws near. When one of the applications that received ETF approval receives ETF approval, how much more will it be? There will undoubtedly be a significant market surge for both Bitcoin and the leading cryptocurrency.

Bitcoin's bull run depends majorly on halving and other favorable economic situation that happens at a particular time. Sadly the profitability of next year's bull run will largely depend on the approval of spot Bitcoin ETF by the SEC. It is clear that many investors are been controlled by the actions and inactions of the SEC. Historical Bitcoin prices will always readjust after the rise or fall caused by artificial influences like the ETF. It is true that with or without SEC's approval the bull run will still be experienced but approval will have a greater impact on the price. Let's say an approval will make the price increase more than it would have been if it was disapproved.

Every period and time will be different, you cannot expect that bitcoin will always be the same as it was 10 years ago. Things have become very different as bitcoin has become more popular, recognized by more countries, and received more attention. What we need is to adapt to the situation, not ask why. Furthermore, if we want bitcoin to become popular and recognized worldwide, regulations or the like will be inevitable.
Bitcoin's design is decentralized, but that does not mean it will be completely separate and without any connection to the world financial system.

Even if it’s rejected I don’t think it will have a huge dump like the Ftx collapse. We are used to etfs being rejected for years. I think the worst was when the Gemini twins etf was rejected back in 2017 and I think it lost 30% or something very quickly. But after that every etf disproved wasn’t as bad.

So even if it’s rejected I think we will still stay above $25K or so. The larger issues is what is going on in the world. We got bad inflation and all this debt that needs to be serviced. With all these bonds crashing it doesn’t look good.

Bitcoin ETF was not programmed alongside Bitcoin, so I wonder why I will capitalize on the outcome to invest. However,  the positive impact on the market will be that it will act as a catalyst for the next bull market if it is approved, on the other hand, may cause a slight dump in the market if not approved, but that is gonna be a short term impact on the market because the market will absorb the selling pressure immediately or months later after the Bitcoin halving.  

Bitcoin ETF is a way to make Bitcoin more available to those who are interested based on the institutional side of investors who don't have much confidence to invest in core Bitcoin, so they filed for ETFs to invest.
ETF or no ETF I'm not relying on the outcome or Banking on it for my investment.

I agree about betting on the long term, but I would like to clarify that bull runs do not usually occur right after the halving but months later, and they have a logic, we do not expect a simple repetition of history. The reason is that they reduce supply, i equal or higher demand the price will rise. I think the spot ETF will initially add volatility. A quick rise at first but it may also bring the price down faster, although as the price and market cap rise the price will be more stable.

Bitcoin market is full of fud and Bitcoin Spot ETF is one of fuds. And let me emphasize, the fud is about Bitcoin Spot ETF in the USA. The world already have Bitcoin Spot ETFs in other nations but because the USA. is a big country with big economy, so much impacts on the world, people speculate about great effects from Bitcoin Spot ETFs in the USA.

Along the Bitcoin adoption growth, many fuds are there and will be more in future but after all, in reality its adoption has become bigger and I believe it will not stop here so I expect bigger adoption and higher price for Bitcoin.

I don't know why all this linking between the rise of Bitcoin and the approval of Bitcoin ETFs? Bitcoin has never been associated with this before and yet we have seen significant spikes many times in the past.

Of course, no one denies that approval of Bitcoin ETFs will have a significant positive impact on the market, but this does not mean, of course, that non-approval will lead to a decline in prices, nor does it mean that the rise in Bitcoin is linked only to the approval of Bitcoin ETFs.

Personally, I'm optimistic about a big rally for Bitcoin after halving next year whether Bitcoin ETFs are approved or not.

Bitcoin bulls aren't dependent on Bitcoin spot ETFs in the US. So whether a Bitcoin spot ETF is approved in the US or not, the bull market will still arrive. Only those who are uninformed would believe that the price of Bitcoin will only grow bullish when Bitcoin spot ETFs are approved. They only have to be reminded that when the price of Bitcoin almost reached $70,000 in 2021, there was no hype around Bitcoin spot ETF and it was even reached when the world was still recovering from the COVID-19 pandemic.

This is of course, we have had 3 bull seasons in the last 14 years and we have not needed any ETF or support from any institution, bank or government and this time is no exception. But if the ETF is approved, it will be even more beneficial for us because it is also considered a catalyst to help the market grow even stronger. The more catalysts there are, the stronger the market will grow and we will be the beneficiaries. But if it is not approved, there is nothing stopping bitcoin from making a new ATH.

The main factor driving the bull season and maturation of bitcoin remains the demand for bitcoin, as long as bitcoin becomes more and more popular, bull season is inevitable.

Who the heck knows what will cause bitcoin’s price to go up in the end? Too much people are betting on the halving and the ETF. What if bitcoin doesn’t immediately pump after these events? Bet longterm.

There is no question about it...the ongoing bullish trend is largely due to the supposed offing approval of an ETF application by  Blockrock in SEC. After the deadline to question or appeal the court decision favoring Blackrock, there is no other recourse for SEC but to deal with the pending application. The problem is that SEC is under a man who is unpredictable and is a known antagonist of the whole crypto industry...and we don't know if Gary has some hidden weapons under his sleeves that he can use  to eventually delay again or even reject the ETF application. There is another reason for the BTC bullishness and that is the coming halving in 2024 but this is being eclipsed by ETF right now...so in case there will be rejection then we can see BTC to be dumped on the road big time - a big opportunity for us to add more BTC to our portfolio to look at it half-full rather than half-empty.

The ETF hype has been controlling market movements lately. Of course there will be several impacts that will occur if the ETF is accepted or rejected. If the ETF is accepted, this will bring some fresh funds to enter the Bitcoin market which will bring the price up even higher. And if on the contrary the ETF is rejected, there will be panic caused by some investors who are consumed by fake news and have already entered Bitcoin panicking will start coming out. And it might cause a price drop. However, many factors can influence Bitcoin prices, and ETFs are only a small part of them.

If it turns out to be fake it  won't be the first time. The market is going to undergo serious correction if there's no further update in the short term. ETFs has made the bullish momentum come earlier than anticipated. Whether this is a fake out, time will tell.

There's no better time for SEC to reject an ETF like this moment since Gary Gensler has proven that he cares not of the citizens funds protection but to act as a barrier to Bitcoin nigh inevitable rise. Even if it turns out fake there would only be a panic sell which would be re bought by dip buyers.

I know the rise is a good thing but it has prevented some from accumulating more Bitcoin at a cheaper price towards the next halving. People like me that relies heavily on DCA have barely accumulated sustainable  amount. I personally feel the current news might be due to manipulation.

I too think there's no reason to be too disappointed if the ETF gets rejected, it's not like bullish cycles are tied to ETF - they are tied to the halvenings and the SEC has no rule over them. Maybe successful ETF application could boost the bullish sentiment and result in a more explosive bull run with higher highs, but even without it the price is projected to grow.

A crypto investor, Crypto Tony, believes that since the market is often controlled by large investors, market conditions can change at any time. A temporary increase in the price of Bitcoin may be a strategy used to increase liquidity in the market. That is why he wanted to know the opinion of his followers on the X twitter platform for the purpose of investors.

Tony thinks people are blindly investing because Bitcoin ETFs will be approved, what if it isn't? Some disagreed with his statement, saying they felt the SEC was too late to approve Bitcoin ETFs, and that is why they would approve the ETFs. Crypto Simon, a famous trader who agree with Tony, shares the same view that if ETFs are not approved, there could be a big fall in cryptocurrencies, which he believes everyone should be prepared in advance.

Bitcoin reached its highest price in the last 1 year and four months with its price rising above $35000. However, Bitcoin has been quite bullish recently based on a fake news story about ETFs Approval. Despite the rumors, Bitcoin movement still in bullish trend.

In this situation, if Bitcoin ETF applications are not approved, will Bitcoin not be bullish? Only 2 months left of this year. We expect a potential halving event for Bitcoin in the coming year of 2024. If the Bitcoin ETF is not approved by this time, could we still see a bullish movement in Bitcoin price Until the Halving event ends?