Quote:
Originally Posted by Paul&John
Why on March 10th?
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We find out on 3/11 whether or not the SEC has approved a btc etf. If approved, it will go up and if not it will go down. While it's unlikely the etf will be approved btc has done really well lately. In the stock market, or at least when trading catalyst driven stocks, if prices rise before an impending announcement that's likely to be bad news, it's usually a pump and dump and if that's the case here, I think the potential upside is not enough to justify the downside.
https://www.bloomberg.com/news/artic...st-bitcoin-etf
Bitcoin prices touch fresh 3-year high - MarketWatch
https://www.wsj.com/articles/irratio...tfs-1486350601