Bitcoin ETF hype fails to shake bearish $20K BTC price targets


$ 83,042.9
€ 76,127.6
¥ 38,800.0
£ 63,999.3
BTC
-0.09 %
$ 1,907.45
€ 1,748.86
¥ 891.12
£ 1,469.93
ETH
0.72 %
$ 210.60
€ 193.05
¥ 98.36
£ 162.29
XMR
-0.05 %
$ 90.00
€ 82.50
¥ 42.05
£ 69.36
LTC
-2.76 %

Bitcoin may have hit 17-month highs, but the ETF launch could end up a "sell the news event" and engender fresh BTC price downside, one theory argues.