Bitcoin price would not entirely be dependent on ETF approval. It might have some influence. Even if ETF gets approval, it might not be a big difference.
Agree with this. The Bitcoin price is going up or down due to some factors but those factors are not constant, there are times that a certain news made the price to drop but that same news will not affect the price in some other time. What i mean is, those factors affects the pricing in some different impacts. Now, it would affect the price more but later if these factors came again, the impact would not that great.