Nice news, I think Bitcoin needs to be rested a little bit more for the Altcoins to increase mobility. In short-term BTC can rise to the 8400 and then back to the 7800 band. Such gradual declines will be good for altcoins. Besides that, mathematically, money flows into one or the another, but only in USD they can keep value.
The only thing that concerns the foreign investor who hears Bitcoin from TV is that the price of Bitcoin falls or rises... The effects of Fork, Lightning, SEC, ETF, G-20 don't even know them and they really don't care about them. It's an investment vehicle that's lost $BTC in their eyes. For this reason, whales need to make the market a center of attraction in order to bring the new investor into the market. This is important for the future of $BTC.
Yes. The news this afternoon about the SEC rejected the Winklevoss ETF application is sending bitcoin right to your 7,800 level. Hopefully it holds there.
Lol after i commented here, BTC did the move and dumped to 7.800-7.900~