SEC has Thursday to decide on ETF from ProShare that is dependent on Bitcoin Futures market contracts, instead of actual Bitcoin holdings. So this ETF may prosper as long as Bitcoin is trading in the Futures, it seems like. Rumor has, the SEC cannot delay this decision. Let's see if that is so, on Thursday. If it pass, we might see a start of a rally that may culminate with Sept decision with the rest of ETFs. A yes, may lift it to 10k or close to it and yes for the other ETF on Sept 30th around, may bring back the boom days of 2017, but lets see how it goes.
I think it's a 50/50 on this. Since the dollar is so strong, I don't know which way it may go.
** Disclaimer This blog is based on my opinions. I am not giving professional advice. Anything written here should be taken as an opinion and is the responsibility of the reader to take due diligence as such. Basically saying I may be wrong, right or neither, just saying its my opinions and my voice.