Price action shows bitcoin not ready for bitcoin ETF?

Bitcoin took a significant nosedive in price yesterday, on February 24th. Such a convincing move downward, after bitcoin labored for days to move up in price, might just show bears are still in control of the market. One of crypto’s most influential YouTubers thinks bitcoin might not be ready for an exchange-traded fund (ETF).
Bitcoin price
Image Courtesy: Tradingview.com
In a powerful move, bitcoin dropped from a price of about $4,187, down to about $3,716. A price correction might have b