A Bloomberg article was released saying that a bitcoin ETF will not be challenged by the sec, this news has lead to the recent surge in bitcoin price. a long time coming this ETF has been in the works for a while. There were several ETF proposals that were shot down in the past but it seems things are a little different this time, regulation has come to crypto and so has wall street.

The bulls are back in full effect and it's probable bitcoin could near 70,000 by the end of October. Anyone who's been holding bitcoin for this past years is about to be in some big profit is the technical analysis holds true.