#BTC ETF POSSIBLE OUTCOMES: Case1: If ETF gets rejected = DUMP 📉📉
Case2: If ETF gets approved = DUMP 📉📉
Case 3 If ETF get approved = Fakeout then DUMP buying at this point is quit risk.
Because the market move with BTC so expect possible movement on each asset along with BTC
NOTE: On 2004 when Gold ETF is approved it doesn't just move UP Gold keep dumping for days then the movement Bullish movement started.
more over when the wall street get in to the market they will try at all cost to make you panicked sell so they can bought all your #BTC at low price. later sells to you at higher price.