BTC price shot to 49K after few moments the ETF got approved. It was the biggest price point which BTC touched since 2021. But what happened afterwards came as a shocker to many and speculations have been made it was just the 'buy the rumor, sell the news' phenomenon. But let me tell you it is not what it seems to be. 

As the price touched we saw a capital flow into BTC and the market capital was increased up to 9% which was crazy. But within few hours it came down tumbling. That sent a shock wave all over the corners. Every single expert had his own viewpoint on that. It was surprising for everyone including me. Even though I am not that much of an expert on BTC price change, yet it was clear that either traders have withdrawn a big chunk of profits or a big chunk of capital has been withdrawn. 
In either of the cases, it made BTC price come down and hit the rock bottom. It almost touched around 41K price point and the experts on NASDAQ found it very difficult to have a say on this. Since BTC was just added to be traded. On the contrary we also saw a highest volume of trade done there few hours later which was a good sign and it's still going on. 

Here Are The Big Takeaways Despite The Big BTC Price Shake Up 

1 - Whenever BTC has shot up it always come down to correct its position and it happens no matter what. So BTC price is going to rise soon just wait and watch. It requires some patience. 

2- Whaleart had shown us that a a couple of wallets moved BTC in millions to the coinbase to withdraw, which eventually did end up selling off and causing price to come down. But wait there! It does not matter really now, soon we will see much more capital inflow and the price is speculated to rise again in a matter of a couple of weeks or so. So in the long run it is going to get our hopes there. 

3- The big investment firms are turning to BTC now since ETF approval and we get the news from all over the world. So more inflow of capital is certainly going to raise the price. 

4- Now since the ETFs have been approved BTC's utility is going to be manifold. 

5- Many experts have predicted BTC price to go beyond $100K soon. It's just a matter of time. Technically, it appears feasible. 

So don't lose hope. Since all the crypto community has waited for this moment this long. The future looks very bright and we can see it right from here. The BTC price is going to spike or shoot soon and we are going to see the new heights achieved and the new roads explored soon.