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/biz/ - Business & Finance


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11092534 No.11092534 [Reply] [Original]

How low can be expect prices to fall if ETF is denied? I mean the market is already JUST'd beyond belief as it is.

>> No.11092543

$1k or so is the bottom. Not saying it'll get there immediately after the ETF, nor that an ETF rejection is what will lead to it eventually; bear trend is simply far from over.

>> No.11092551

>>11092534
Priced in already. Like you said, the market is already so justd, that the same way good news doesn't move the price up, bad news won't make the price go down. The reason btc got rekt was because of futures and nothing else. This has happened before with silver, uranium, and something else idr. Google it. Futures kill asset classes