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<p>[QUOTE="goldcollector, post: 2663375, member: 9088"]It seems that the recent run up in BTC price is at least partially due to the upcoming ETF possibility. Nearly everyone seems to agree that this ETF will not be approved and as such perhaps it would be smart to wait until after it is denied as I would expect that denial would surely lead to sell off and a drop in BTC prices back down towards $800 or so. But then again if it is approved perhaps it will challenge $2000 soon.[/QUOTE]</p><p><br /></p>
[QUOTE="goldcollector, post: 2663375, member: 9088"]It seems that the recent run up in BTC price is at least partially due to the upcoming ETF possibility. Nearly everyone seems to agree that this ETF will not be approved and as such perhaps it would be smart to wait until after it is denied as I would expect that denial would surely lead to sell off and a drop in BTC prices back down towards $800 or so. But then again if it is approved perhaps it will challenge $2000 soon.[/QUOTE]
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