Since nobody else offered an answer, I can say the Blackrock ETF is potentially quite bullish, despite the obvious criticisms that would come along with it. Also the S&P’s doing well, and Bitcoin tends to follow suit (even though it theoretically should follow precious metals more than stocks). Lastly, we’re beginning to approach the next halvening, and there’s a generally a gradual upward trend for about twelve months before charts go parabolic. So my guess is it’s the confluence of these factors, but then I don’t know much.
Did a bit of searching on it. People are thinking maybe this is the one, since it’s being done by Blackrock and Nasdaq? I know we’ve had a few ETFs rejected so far.
I don’t tend to keep up with Bitcoin news too much when we’re in the doldrums, and even less so now that I’m spending significantly less time on Reddit, so I’m a bit out of the loop.
Since nobody else offered an answer, I can say the Blackrock ETF is potentially quite bullish, despite the obvious criticisms that would come along with it. Also the S&P’s doing well, and Bitcoin tends to follow suit (even though it theoretically should follow precious metals more than stocks). Lastly, we’re beginning to approach the next halvening, and there’s a generally a gradual upward trend for about twelve months before charts go parabolic. So my guess is it’s the confluence of these factors, but then I don’t know much.
Did a bit of searching on it. People are thinking maybe this is the one, since it’s being done by Blackrock and Nasdaq? I know we’ve had a few ETFs rejected so far.
I don’t tend to keep up with Bitcoin news too much when we’re in the doldrums, and even less so now that I’m spending significantly less time on Reddit, so I’m a bit out of the loop.