Everybody is talking about ETFs, but I don't believe that they will be the fuel for the next price rise. As Bitcoin moves further towards being a store of wealth, and merchant adoption increases as secondary services like the lightning network stabilise, they seem more likely to trigger the increase in value. The price of Bitcoin seems to be cyclic, and to add a zero to the price every two years. I think we have missed the chance in the current cycle, but the one due in the summer of next year looks to be on target. Will the current enhancements arrive in time to fuel the next parabolic price increase?
I hope the price of cryptocurrency will really rising in the near time, because currently it have a downtrend drastically.
ETF maybe not the cause of crypto falling price, but it could be used by some manipulators to dump their coins at the right moment.
But peoples still use bitcoin and cryptocurrency in their transactions, so crypto will rise back eventually.
