Bitcoin initially sold off rather significantly upon the news the Winklevoss ETF was rejected by the SEC.
This wasn't the big ETF application that many are expecting to pass, but it likely reminded people that the ETF being approved is still somewhat of a long shot.
However, the chart still looks ok:
As I type, bitcoin is actually back over $8,100 and looking even better.
Winklevoss/Tinklevoss 🤓. We just need to continue the rally 💰🤑💰
Looking like we may.
Yes, this is good to see. Sell the news, buy the dip.
Yep, but that wasn't even the news people are waiting for.