Bitcoin Price Prediction as BTC Keeps Selling Off – Is Negative ETF News on the Way?

It is difficult to predict the future price of any asset class, although the recent sell-off in BTC does point to continued downward pressure on the digital asset. The most likely negative news that may emerge is the SEC’s decision on a Bitcoin ETF, which could potentially have a significant impact on current prices. Additionally, any adverse news or potential risks associated with the current Bitcoin mining process could also have an effect on prices. Despite the short-term market fear and apprehension, it is still possible for Bitcoin to recover and make new highs as the asset class matures and gains more widespread acceptance.