ETH to spike post halving, ETF denial would not ‘be bearish’ — | Crypto World News

ETH to spike post halving, ETF denial would not ‘be bearish’ — Analysts

Crypto analysts are betting that Ether’s price could see a significant upswing within months after the Bitcoin halving despite being down 11.39% over the past 30 days, based on historical data. One researcher also thinks that a potential exchange-traded fund (ETF) denial won’t necessarily lower prices. “If the ETF is denied, it will not be that bearish, as the market is not pricing in it yet, and we still have Bitcoin ETFs as the entrance for traditional funds,” Hashkey Capital head of Research Jupiter Zheng told Cointelegraph.

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