It does not seem that the approval of the BTC ETFs has had a great effect on the price of BITCOIN, although we have temporarily reached a good $49,000, now it seems that it is timidly correcting, but it is not doing it at all as some estimated (NO DUMP for the moment).
Obviously, very little time has passed since the news and we have to see what the effect will be in a few weeks...
For the moment, the only notable thing, in my opinion, is that BITCOIN continues to enter the exchanges, that is, we are seeing an increase in the supply of BITCOIN which would mean that they may be sold soon.
In any case, as I have already said, we have to see how the ETFs work in the coming weeks, in addition, we have the HALVING event on the horizon which will further intensify the scarcity effect, which is good.
The future is bright, believe me.
@toofasteddie