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SEC Declines BTC ETF Proshares


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And here comes the next drop we all have been waiting for. BTC to 5k calling it now...

Get ready for some sub .20 xrp

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Just now, FixnUrPowerline said:

And here comes the next drop we all have been waiting for. BTC to 5k calling it now...

Get ready for some sub .20 xrp

First reaction was a marketwide pump of 200 USD. So could be whales playing games (again) to liquidate shorts. Interesting times ahead. 

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BTC/USD Bitfinex short positions are already climbing as we speak.  Earlier today when those contracts broke the all-time-high from April I readily expected a pop upwards and we got a small one of 6% earlier today.  That now looks like a false-positive / bull trap with this news.  I think the market can use this news to move even higher and draw more short action a few more weeks until the markets rally towards the end of September.

Mmm...I smell cheap XRP coming to us all.

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55 minutes ago, Greeny said:

So is there still somethign happening end of Sept like we have been hearing, or was this it??
 

Many are saying ETF isn't needed. At least that's many people's reactions on Twitter today about this decision. I would think than if this wasn't it, any future ETF "its" are irrelevant too.

This is a pretty amusing feed... 

https://mobile.twitter.com/coindesk/status/1032388143821946880

So I still wonder what btc holders are pinning their optimism on. PoW is really starting to look like a greater fools scenario. 

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