News must always be sold
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I'm aware. Regarding the news, I wouldn't call it a non-event. Acceptance, denial, and postponement of the ETF are all equally newsworthy.
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It should be more priced in, which it would've been if the market wasn't as immature. Imagine actually selling here because of a delay.
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Fair enough, but imagine holding out on this being a mature market. Also, even though the immediate effect was a sharp $250 down move, BTCs price has just fallen well within the same range of the past two days. Sentiment seems to have taken a much larger toll than price.
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what value does it have if it can be manipulated by officials talking bout some etf stuff?
End of conversation
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