i think the comments by the former chinese central bank governor, while not an endorsement was a signal to china's stance on crypto. being a communist country, comments like that coming from former government personnel are orchestrated. withdrawals having been restricted by the larger exchanges of 30 days, will oddly become available after march 11, when the sec is to accept the rule changes required for btc etf approval, and i am not sure we will hear much more from chinese government until after march 11. as the former pboc governor said, china does not want to hurt bitcoin, so its at least plausible, to expect no news from china until after the 11th,
filbfilb
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@ueccehomo, agree that they were indicatively good but the only thing I can say with reasonable certainty is that the price between now and next month will be higher than it was last week. If it's approved or rejected there is money to be made. I hope for the price that it is accepted, and for general acceptance but you do have to question whether in reality it may mean kissing goodbye to what appears to be a relatively 'free market' and will result in a comex style commodity manipulation.
ueccehomo
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@filbfilb, not so sure about that, and i think that issue of the inability to control btc like other commodities is why it may not be approved. while i do personally wish the etf to be approved.