Advertised sites are not endorsed by the bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Jr. Member Offline
Activity: 42
Speculation may be partially behind the price drop. But one of the three Chinese exchanges that had withdrawals frozen allowed trading to resume. That’s a months worth of BTC for some massive mining operations being dumped to cover expenses.
That has to be one of the factors. Also, if ETF is denied at the same time the other two open, get ready to buy because you could see some 2014 pricing.
Jr. Member Offline
Activity: 56
I’m getting nervous on this. LOL. Anyways, another milestone in bitcoin history whether approve or not. The whole bitcoin community will be all ears come Friday or Monday. I hope the result will be favorable to us so that bitcoin price will rise and most likely be adopted by a lot of merchants globally. But If something doesn’t went our way, I think expect a drop in price. I’m speculating that the price will go as low as $900 as base. This is just my opinion.
Jr. Member Offline
Activity: 42
I don’t expect any news until the 13th. I think they already extended the deadline to include Monday, as they won’t announce anything on Saturday. Buy the rumour sell the news in this case would seem to mean that you should sell now and buy back lower after the announcement.
It seems fairly universal that people expect the ETF not to be approved, so buy that rumour (sell bitcoin), then when it happens, sell the news (buy bitcoin).
I expect a weekend pump if they really don’t announce until Monday, unless there is a leak.
The problem with that line of logic, more people think it’ll be approved. There is a survey on this forum and most speculators are leaning towards approval. You’ve got a bubble in this thread where you think negatively. Some of it based on bad speculation like the price drop.
bitcoin at weekly resistance ? [unable to retrieve full-text content] https://www.tradingview.com/x/ZeqXzXi8/ bitcoin seems to be at historic resistance Published at Thu, 04 Apr 2019 18:18:05 +0000
bitcoin Price Has ‘Already Bottomed Out’ in Retail-Driven Crypto Market By CCN: In case there was any doubt, the bitcoin price has found a bottom. Binance has released a comprehensive research report on the state […]
New Report Reveals Worrying Trend of Continued Decline in Internet Freedom from WordPress https://ift.tt/2AYwF2N https://ift.tt/2AYwF2N https://ift.tt/2RPRdA8 from Blogger https://ift.tt/2qEt18b via SEO Services
