Will the bitcoin ETF have any impact on the bitcoin price?

yohananaomi

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Quote from: tygeade on February 21, 2024, 01:30:11 PM

Quote from: yohananaomi on February 20, 2024, 04:41:07 PM

This is also clear evidence of the influence of ETF. Whether it or not, this impact will definitely be seen in time. Currently, it continues to move and has penetrated $52K, although it still doesn't continue to move up. But it fluctuates in the range of $51K-$52K, of course waiting for it to move again, and it can slowly penetrate to $53K., Indeed, since before the movement reached $50K, it was clear that there was movement, but it seemed like it was stalling and there was no ability, after that it started to run smoothly.

62 more days until the halving period and during this wait will it actually be able to move upwards or is it the opposite? There is still always a question mark about what will happen next. You are right, the main cycle is still ahead, and we will experience it by patiently waiting for it.

It could slowly go beyond 53k that's true, but it could try to go under 50k as well, so it's better to be careful. Putting a stop loss at 50k is not a bad idea, of course if you are a long term holder like me then you do not care about it, but if you want to make some money from it, I would say that 50k stop loss makes sense. Then you will wait, if it goes under 50k then you wait some more, wait until it stops dropping and after it looks like it's not dropping anymore (24 hours around the same price) you buy back again and make money that way.

This is quite common in the crypto world, people do this all the time, and should not be a new information. Just make sure you are investing to it at the very right time for sure.

Of course, we hope that it will continue to rise and can exceed the price of $53K, but you are right in saying that there is always a possibility that it will be corrected, which is also quite large. So we must always prepare for undesirable possibilities beyond predictions that are not expected.
Stop loss is one of the best ways to avoid unexpected realities and $50K is very appropriate because the movement always goes in that direction. I agree with your point of always preparing as carefully as possible to avoid losses that could occur.

tygeade

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Quote from: yohananaomi on February 20, 2024, 04:41:07 PM

This is also clear evidence of the influence of ETF. Whether it or not, this impact will definitely be seen in time. Currently, it continues to move and has penetrated $52K, although it still doesn't continue to move up. But it fluctuates in the range of $51K-$52K, of course waiting for it to move again, and it can slowly penetrate to $53K., Indeed, since before the movement reached $50K, it was clear that there was movement, but it seemed like it was stalling and there was no ability, after that it started to run smoothly.

62 more days until the halving period and during this wait will it actually be able to move upwards or is it the opposite? There is still always a question mark about what will happen next. You are right, the main cycle is still ahead, and we will experience it by patiently waiting for it.

It could slowly go beyond 53k that's true, but it could try to go under 50k as well, so it's better to be careful. Putting a stop loss at 50k is not a bad idea, of course if you are a long term holder like me then you do not care about it, but if you want to make some money from it, I would say that 50k stop loss makes sense. Then you will wait, if it goes under 50k then you wait some more, wait until it stops dropping and after it looks like it's not dropping anymore (24 hours around the same price) you buy back again and make money that way.

This is quite common in the crypto world, people do this all the time, and should not be a new information. Just make sure you are investing to it at the very right time for sure.

Claymore2

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The ETF release is a significant development, but its impact will take time. Market dipped initially, but Bitcoin's price is expected to rebound. Patience is key as we await improvements. Despite fluctuations, Bitcoin has endured, and the ETF may attract more investors, bolstering adoption. Halving events will also affect market conditions. The current downturn offers a chance to acquire Bitcoin at lower prices, enabling us to accumulate more. So, it's vital to stay optimistic as market conditions are expected to improve.

yohananaomi

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Quote from: jossiel on February 08, 2024, 05:33:31 PM

Now that the price has increased and back to $45000. This is going to give everyone the thought that the Bitcoin Spot ETF did really have an impact to the price.

We're not yet done and we're waiting for more as the more impactful and better event that shall come on April is the one that is like the main event of this cycle.

The halving.

This is also clear evidence of the influence of ETF. Whether it or not, this impact will definitely be seen in time. Currently, it continues to move and has penetrated $52K, although it still doesn't continue to move up. But it fluctuates in the range of $51K-$52K, of course waiting for it to move again, and it can slowly penetrate to $53K., Indeed, since before the movement reached $50K, it was clear that there was movement, but it seemed like it was stalling and there was no ability, after that it started to run smoothly.

62 more days until the halving period and during this wait will it actually be able to move upwards or is it the opposite? There is still always a question mark about what will happen next. You are right, the main cycle is still ahead, and we will experience it by patiently waiting for it.

jossiel

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Now that the price has increased and back to $45000. This is going to give everyone the thought that the Bitcoin Spot ETF did really have an impact to the price.

We're not yet done and we're waiting for more as the more impactful and better event that shall come on April is the one that is like the main event of this cycle.

The halving.

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Quote from: ShowOff on February 08, 2024, 03:29:14 PM

Quote from: Davian144 on February 08, 2024, 02:20:32 PM

Quote from: martinex on February 05, 2024, 01:40:36 AM

Everything has a process and stages, for those who like to join and buy in an ETF, that's okay, meaning what they buy is not another coin, just for BTC. Yes. Market expectations and response Maybe the market looked less pleasant in the past few days because corrections occur almost every time, even though they are small, however, in my opinion, the market is still in the safe category because it is not subject to strong corrections.

Now market conditions for Bitcoin have also changed again with the price increasing past $45K again. So Bitcoin buyers at the price of $42K in the past few days have started to be happy again with this increase because gradually the increase in Bitcoin prices has started to improve again over time. And it is also possible that it could approach $50K if there are no disturbances such as price corrections as has occurred in the previous few days in Bitcoin.

It is too easy for prices to rise a few percent and then fall due to high selling pressure. I don't really expect that to happen, but that's how the market works when most ETF investors dump their holdings. There is no other way for asset management companies like Grayscale Investments but to dump bitcoin to pay customers, and a price correction is inevitable as a result.

Today it seems that selling pressure is lower than demand. The price of bitcoin has broken through the $45k resistance which in previous days was in doubt, but in reality today bitcoin has crossed $45,500. Of course, any investor who bought in the $40k to under $45k range has seen a return, which is good news. The question now is; can bitcoin maintain its price above $45k until the weekend?

how you attack this market depends on your financial capability and what term are you looking at. because how you manage your finances will depend whether you are looking at short-term or long-term scenarios.
whether we like it or not, the launching of btc-related ETFs can increase the adoption rate in the crypto market. because those users who were previously hesitant in this market, will now gain confidence in checking out this market.

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Quote from: Davian144 on February 08, 2024, 02:20:32 PM

Quote from: martinex on February 05, 2024, 01:40:36 AM

Everything has a process and stages, for those who like to join and buy in an ETF, that's okay, meaning what they buy is not another coin, just for BTC. Yes. Market expectations and response Maybe the market looked less pleasant in the past few days because corrections occur almost every time, even though they are small, however, in my opinion, the market is still in the safe category because it is not subject to strong corrections.

Now market conditions for Bitcoin have also changed again with the price increasing past $45K again. So Bitcoin buyers at the price of $42K in the past few days have started to be happy again with this increase because gradually the increase in Bitcoin prices has started to improve again over time. And it is also possible that it could approach $50K if there are no disturbances such as price corrections as has occurred in the previous few days in Bitcoin.

It is too easy for prices to rise a few percent and then fall due to high selling pressure. I don't really expect that to happen, but that's how the market works when most ETF investors dump their holdings. There is no other way for asset management companies like Grayscale Investments but to dump bitcoin to pay customers, and a price correction is inevitable as a result.

Today it seems that selling pressure is lower than demand. The price of bitcoin has broken through the $45k resistance which in previous days was in doubt, but in reality today bitcoin has crossed $45,500. Of course, any investor who bought in the $40k to under $45k range has seen a return, which is good news. The question now is; can bitcoin maintain its price above $45k until the weekend?

Davian144

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Quote from: martinex on February 05, 2024, 01:40:36 AM

Everything has a process and stages, for those who like to join and buy in an ETF, that's okay, meaning what they buy is not another coin, just for BTC. Yes. Market expectations and response Maybe the market looked less pleasant in the past few days because corrections occur almost every time, even though they are small, however, in my opinion, the market is still in the safe category because it is not subject to strong corrections.

Now market conditions for Bitcoin have also changed again with the price increasing past $45K again. So Bitcoin buyers at the price of $42K in the past few days have started to be happy again with this increase because gradually the increase in Bitcoin prices has started to improve again over time. And it is also possible that it could approach $50K if there are no disturbances such as price corrections as has occurred in the previous few days in Bitcoin.

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Quote from: teamsherry on February 01, 2024, 01:02:12 AM

Yes it should, cause it would actually bring in a lot of new investors into the market and bitcoin price might go up or even down, so Yes bitcoin etf would affect the price of bitcoin.

Yes i agree with you. I also think it has impact surely. Because Bitcoin ETF approved it is big event for Bitcoin and also good news. So it will effect therw has no doubt. After ETF approval we saw Bitcoin price some decreased dramatically but it is not problem i think. Because it was market correction i think. And after correction Bitcoin price again increasing. Today we saw bitcoin price increasing. Now bitcoin price $43.5 k i think in future it will more increase there has no doubt. After ETF approval Bitcoin price will increase instantly or increase speedily it is not like that, i could be impact gradually. And that is happening i think.

STT

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Price action today has been once again a rejection of a major Fibonnaci level which is around 43.2k. On 4hr bars it shows up quite clearly because its a bearish pin something you dont want to step on because it hurts. Some think that can lead to further selling but I would state it the other way round, we are below the weekly average now so yea BTC in this very short term look is on its knees briefly. If it gets back up and tries to break down 43.2k again be optimistic because the door will break if hit enough times and then the price action will be open to be more obviously positive.
On the cards for some months now has been a pullback to 30k area but really its not gone far at all, between the oscillation we are in summary just sideways so take it too serious just yet. Theres no clear signal just people waiting and I presume action after we cross the line either way.

50 day average is more important we are dipping below that and its sideways direction. 37k or December start prices is the target downside. Its not negative in the wider view this is mostly trading setups.

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The fact that too many people end up having these type of hyped expectations regarding bitcoin has to be something unseen before. I mean we do wait for halving and that has to be something nice, nobody really questions the situation so it should be important, but we are talking about something much marginal eventually.

I have to say that we need to calm down a bit more, waiting for it to happen this much doesn't really make sense in the end. I do agree that we are going to end up with a good increase, but just because we are hyped, nothing more. ETF itself is not something that will take the price super high all by itself, but there will be a lot of people who will not use the ETF, but buy bitcoin because that got accepted which will make the price go up.

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Quote from: teamsherry on February 01, 2024, 01:02:12 AM

Yes it should, cause it would actually bring in a lot of new investors into the market and bitcoin price might go up or even down, so Yes bitcoin etf would affect the price of bitcoin.

Everything has a process and stages, for those who like to join and buy in an ETF, that's okay, meaning what they buy is not another coin, just for BTC. Yes. Market expectations and response Maybe the market looked less pleasant in the past few days because corrections occur almost every time, even though they are small, however, in my opinion, the market is still in the safe category because it is not subject to strong corrections.

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Quote from: teamsherry on February 01, 2024, 01:02:12 AM

Yes it should, cause it would actually bring in a lot of new investors into the market and bitcoin price might go up or even down, so Yes bitcoin etf would affect the price of bitcoin.

But does it really affect the market as of now, or still waiting to what would it bring in the future , many are looking for direct effect but we can see for half a month now yet we can barely see big investors coming in, or they are just waiting to when it will happen.

Quote from: martinex on January 29, 2024, 02:35:52 AM

Quote from: kotajikikox on January 29, 2024, 01:37:13 AM

Nope that is not mate , temporary effect in market is always there and also look at the price now after weeks ? recovered and making its way up again , how many times did we see the ups and downs but the important part is that ETF is here to stay and in future will bring best result for all who are using and investing in bitcoin once those big guys started purchasing and showing the market what they can bring.

I don't really think about it, I hope that BTC will wake up quickly and increase in price without having to wait for the program to run normally, which can be seen at the moment, this is a slow movement and uses up a lot of energy and if it continues sideways like this, it will make them too lazy to enter the market. and more waiting for market developments.

that is what you wanted but the problem is ? do the market shows it now or not? try not to listen to your desire but instead look at the actual market.

teamsherry

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Yes it should, cause it would actually bring in a lot of new investors into the market and bitcoin price might go up or even down, so Yes bitcoin etf would affect the price of bitcoin.

iamsange

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Quote from: kotajikikox on January 29, 2024, 01:37:13 AM

Nope that is not mate , temporary effect in market is always there and also look at the price now after weeks ? recovered and making its way up again , how many times did we see the ups and downs but the important part is that ETF is here to stay and in future will bring best result for all who are using and investing in bitcoin once those big guys started purchasing and showing the market what they can bring.

Bitcoin price movements in the market after the ETF approval were very clear and to this day the effects are still very much felt in the market. Because now the Bitcoin price movement is between $41K and $42K in a market with up and down conditions, so I think this is a very normal effect that occurs in Bitcoin after the influence of the ETF.

Quote from: martinex on January 29, 2024, 02:35:52 AM

I don't really think about it, I hope that BTC will wake up quickly and increase in price without having to wait for the program to run normally, which can be seen at the moment, this is a slow movement and uses up a lot of energy and if it continues sideways like this, it will make them too lazy to enter the market. and more waiting for market developments.

Everyone should not feel lazy about entering the market at this time, because if they are lazy it will only arise because of sideways conditions in the market. This will also cause everyone to regret not immediately making a decision when the price of Bitcoin was still not too high, so before it's too late it's a good idea for everyone to continue to enter the market and survive in this sideways market in order to get more thorough preparation when price movements Bitcoin started heading upwards in the following month.

martinex

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Quote from: kotajikikox on January 29, 2024, 01:37:13 AM

Nope that is not mate , temporary effect in market is always there and also look at the price now after weeks ? recovered and making its way up again , how many times did we see the ups and downs but the important part is that ETF is here to stay and in future will bring best result for all who are using and investing in bitcoin once those big guys started purchasing and showing the market what they can bring.

I don't really think about it, I hope that BTC will wake up quickly and increase in price without having to wait for the program to run normally, which can be seen at the moment, this is a slow movement and uses up a lot of energy and if it continues sideways like this, it will make them too lazy to enter the market. and more waiting for market developments.

kotajikikox

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Quote from: edward500 on January 14, 2024, 06:27:04 PM

We can see the price crashing since its release.

I would think that it will take a while for the ETF's to have any impact because they were just released.

Nope that is not mate , temporary effect in market is always there and also look at the price now after weeks ? recovered and making its way up again , how many times did we see the ups and downs but the important part is that ETF is here to stay and in future will bring best result for all who are using and investing in bitcoin once those big guys started purchasing and showing the market what they can bring.

yohananaomi

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Quote from: |MINER| on January 27, 2024, 08:57:30 PM

ETF approval will must effect like what is happened on the others cases. But expecting skyrocking price will not be happening. For seeing prover effect it will takes time. But if you see the investment on bitcoin is increasing a lot after the ETF approval and what is Why we are also seeing the changes on volume. So take the opportunity investment on bitcoin for long term to gain some good profit on the next bull run after the halving season.

Theoretically, for every new policy [ETF approval] that emerges and is well received by the market, there should be an increase, but this is the opposite, which is certainly unexpected. But I agree that expecting an increase certainly requires a process, and I believe that in time, the real impact on bitcoin will be seen. But you are right, this is an opportunity to invest in bitcoin because the situation is possible, and you must remember that the halving season is approaching. Of course, there will be surprises in improvement.

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Quote from: JariKriting on January 27, 2024, 11:38:49 PM

After the bitcoin ETF was approved, the price did not skyrocket but instead fell. so the interest of bitcoin users regarding ETF is not too big. wait until after the new bitcoin halving will go up high. maybe wait until 2025 to see the effect of bitcoin halving on the price of bitcoin.

The halving will take place in March or April this year and you also acknowledge that we will indeed see a bull season in 2025. So why are you disappointed with ETFs that were approved in less than a month? And on what basis do you think people don't care much about ETFs?

Right on this forum a month ago, if you pay attention, you will see a series of topics about ETFs being created and discussed every day. How can you say that the interest in it is not too great?

I see many people have the same thoughts as you, criticizing and being disappointed with ETFs when things don't work out as you expected. But did you know that whether it's an ETF or a halving, it all takes time to impact bitcoin?

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Quote from: edward500 on January 14, 2024, 06:27:04 PM

We can see the price crashing since its release.

I would think that it will take a while for the ETF's to have any impact because they were just released.

As of today the market is recovering and making its position to 42k gain after falling to 38 k so asking if ETF have any impact today? I think this is far from reality at least not today or tomorrow.
but what we need to wait here is the Big boys buying their share before the Halving or after that halving , as they are looking for more discount before pumping the great bitcoin again. this may take time but trust me it is worth it a wait.

Topic: Will the bitcoin ETF have any impact on the bitcoin price? (Read 741 times)