Check out my other ideas for precious metals and the US Dollar.
Comment:
Bitcoin ETF decision delayed---
"n an official statement, the SEC has announced:
The Commission finds it appropriate to designate a longer period within which to take such action on the proposed rule so that it has sufficient time… Accordingly, the Commission, pursuant to Section 19(b)(2) of the Act, designates May 16, 2019 as the date by which the Commission either approves or disapproves."
RULE =
The SEC can postpone a decision-making process by up to 45 days on specific filings. This 45-day period can then be extended to 90 days if the SEC publishes reasons for the extension publicly.
CONCLUSION =
LOOK FOR SHORTS!
"n an official statement, the SEC has announced:
The Commission finds it appropriate to designate a longer period within which to take such action on the proposed rule so that it has sufficient time… Accordingly, the Commission, pursuant to Section 19(b)(2) of the Act, designates May 16, 2019 as the date by which the Commission either approves or disapproves."
RULE =
The SEC can postpone a decision-making process by up to 45 days on specific filings. This 45-day period can then be extended to 90 days if the SEC publishes reasons for the extension publicly.
CONCLUSION =
LOOK FOR SHORTS!
Trade active:
shorted XBTUSD here
dailyhodl.com/2019/0...urnaround-scenarios/
"The public now has until March 13th to file comments on this proposal. The Commission can deny or approve the proposal by April 5th, or request a 90-day extension, which could postpone a decision until July 5th."