I've been long awaiting February 26. The SEC will decide on an ETF that was proposed in the summer of last year. It will contain some bitcoin and treasury bonds. So Bitcoin would simply be getting its feet wet in the market but it'd be extremely bullish pertaining to regulatory issues moving forward and I'd expect an easy ten percent jump in price on the news maybe even fifteen to twenty after the steep pullback today if the ETF were to get approval which seems feasible. It appears they've been taking this proposal far more serious than any in the past and diligently weighing the pros and cons of a lower risk option to introduce bitcoin to institutional investors who would otherwise be left out because of the volatility of the crypto market.
Wondering if today's pullback was not a huge sell off from whales with insider info who know or expect that this will be passed, triggering a larger sell off, they can buy back in at ridiculous prices before the new is released. I could be totally over thinking it and it could be a necessary pullback before we go to the moon or even related to coronavirus which seems highly unlikely to me. Regardless, I'm still extremely bullish, expecting the winds of the halving to begin stirring soon with countless other huge breakthroughs imminent, counting on other positive news to really get prices moving higher. Praying for my tax return to hasten so I can capitalize on these ridiculous deals especially after tezos and chainlink were hit so hard today. Algo is another gem that pulled way back today and is the highest yielding coin you can stake on binance. Stay bullish and remember Jesus loves you so much He died for you, then rose from the dead and when you believe in Him, His Spirit comes to live in you and make you like Him. It's glorious, changed my life in a beautiful way.