People are hyped about the ETF approval- precisely because THAT would be WHEN all the RETARDS get into CRYPTO. The argument is this- WITH ETF APPROVAL- the stock market type people & people with retirement accounts and IRA's etc- will choose to put some of that $ into Crypto.
Literally a few days ago- I bought a USED CAR from some guy who works at a HIGH END dealership. We met at the DMV to do the deal & he was a nice enough guy. We were talking & he does have $1,500 worth of Bitcoin. He has it on his PHONE APP. He uses Robinhood- for his crypto- because he uses Robinhood for his stocks. He never HEARD of a hardware wallet or an exodus wallet. He never heard of Binnance or Bittrex Exchange. He did not even know about www.coinmarket.cap. He only knows about Robinhood, Coinbase & some jackass on CNBC named Ran NeuNer- who talks of crypto. He knows nothing of who Charlie Lee is.
So perhaps there is an argument to be made that when MORE RETARDS get into crypto- THAT is when Prices will go up some more. I'm in the USA.