SEC approved BTC ETF, price was 44k, it jumped to over 74k. SEC approved options, price was 70k, jumped to 108k. Lets just say a BCH ETF is not priced in.
ETF approval BTC Jan 10 2024, price 44k, price went to 74k: https://www.sec.gov/newsroom/speeches-statements/gensler-statement-spot-bitcoin-011023
Options approval October 2024, price 66K went to 108k right after: https://www.reuters.com/markets/us/us-sec-gives-green-light-options-listing-spot-bitcoin-etfs-nyse-2024-10-18/
We saw BTC going up and down, all the time before their ETF, and it was not close to being priced in at all. Now BCH is even more volatile, and the current holders are not wealthy like BTC holders, so money coming in will buy up all the coins looking for small profits, and leave only the longer term believers.
BCH could easily go to 5%-15% of BTC market cap.
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