If ETF will be denied, there's no need to see the price of bitcoin dropping. Whether it will be approved or not.
Still we will see the price of bitcoin to keep on increasing, bitcoin is created that way as long as there are new comers that will invest.
And if there are people that will keep on using it, ETF will just make a small difference but of course I want it to be approved.
I guess the approval by SEC is the little part of the bitcoin journey. And i think i don't like the approval caused by it seems like just a business. So more money will flow to the bitcoin and the twin winklevoss will take the advantage by the SEC approval with a lot of the partnership in the future. and they will become billionaire and currently they're millionaire. Still we will see the price of bitcoin to keep on increasing, bitcoin is created that way as long as there are new comers that will invest.
And if there are people that will keep on using it, ETF will just make a small difference but of course I want it to be approved.