The bitcoin will destroy the ETFs. Bitcoin will move so fast and so furious, that the ETFs will just collapse on themselves. And much shenanigans will become apparent.
Then, finally, the boomers might say, "Well, i guess i would have been better of just buying bitcoin".
Of course bitcoin is going to crash to $20k, but Binance, et all, will be down during those moment, and only people "who got lucky" will be able to buy any. Of course, joke will be on them, as there will probably be few who sell in a flash crash (except their own bots)
Keep your eye on the pulse. It will be a good time to scoop up many alts.
This time its different.
Like, we stop pricing bitcoin in dollars, we price dollars in bitcoin. Any real transactions are done through bitcoin (or lightning)
Bitcoin, stops being traded for dollars. It may become unobtanium in the old ways.
And so, if this kind of thing starts happening, what do we call it? The dollar has been the peg so long, it is hard to imagine that going away.
Well, this really starts happening when the price of bitcoin gets high enough that you can buy the big things you have always wanted, with just a small fraction of your bag.
RE: Will A Bitcoin ETF Be A Sell The News Event? 💰