Will Bitcoin ETF Open a Trap Door or Push BTC to 10K?




How could Bitcoin respond to a potential decision by officials for a Bitcoin ETF? Many are speculating this could send bitcoin immediately much higher. But what do the facts and charts suggest?

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About the Author: Alessio Rastani

31 Comments

  1. Getting more and more disappointed in his prediction…..yes its all obvious but in long run ETF news or not ….and since its made no real dent in it … BTC has shown that time after time it sinks but not by much….and it keeps pushing on…….like never before…..this tells me like never before, we reading into something that new and unfolding unexpectedly!!!….but I'm in it for a 2-3 year run so makes no difference for now!!!!

  2. So Alessio, if the SEC decision will be negative and we all obviously think that this will cause the price to drop, you said the opposite will probably happen, which means, negative SEC news = price will go up instead? This wouldn't make much sense… unless price goes down before the news, because insiders know already… then many people will want to buy the dip and price will go up? Then the insiders will dump on the FOMO and price will correct again, but this time for good?

  3. i missed the webminar with peter brand :((( i was in holiday… any chance to see this webminar on your youtube chanel?

  4. Alessio, you repeated "the buy on the rumour sell on the news" thing seven times. I counted. Most people have understood it already when you have said it once. In your videos you have some good points which you then repeat and repeat and repeat ("it causes a spike in the price…you see… a spike in the price…") for the rest of the video with usually slightly different wording (sometimes even the same).

  5. Counter trading Alessio has been the biggest blessing of my life this year. No facetious angle intended. I appreciate all your work Alessio, you put together very nice videos, I give you thumbs up for your presentation.

  6. ETF decision was delayed again by SEC. What r u talking…talking about next 3 months ? You can't even tell tomorrow's price. IF IF IF….. I don't think you a real trader. I don't think you trade yourself. You must hire bunch of professional traders instead. I don't think you are a real soldier at field. You are a theory guy. Dude stop making videos for trader's sake.

  7. please stop to compare today with the past that always give you a bad analysis. Bitcoin does what it wants….the past will no repeat anymore with so much exchanges today….

  8. Crypto does not need an ETF to manipulate it any more. It can grow just fine and quickly if Fidelity and others come into this space.

  9. The point of the bitcoin etf is for professionals to buy it easier though. If they were all already in on crypto exchanges then bitcoin would be higher as they ready themselves for the etf news. A bitocin etf is for large money investors. I doubt all these large money investors are buying on exchanges and will dump just because a bitcoin etf comes. Most big investors need the bitcoin etf because they cant go big on the exchanges with enough safety for their money. When I say big I mean anyone buying a million dollars of bitcoin or more.

  10. Bitcoin ETF spells more manipulation for cryptos. Just like Van Eck aka the several bullion banks that rig gold stocks down.

  11. Why are people talking about the "halvening" like its some amazing event that will make them rich? It's an obvious event, which means it's already been priced into the market.

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