With the recent bitcoin etf there have been many speculations and projections on the price of bitcoin,according to some estimates bitcoin etf will have a direct effect on price action since it will build retailers trust and push investment and price of bitcoin upwards of even $100 k.
Without bitcoin ETF approval in United States, bitcoin has done great in adoption and increasing marketcap and price in the past. My speculation was that without the United States SEC bitcoin ETF approval, bitcoin will likely get to all-time-high and also reach $100000 in this coming bull run after halving. But it is possible that there could be more price increasw because more people are exposed to bitcoin indirectly through the traditional market.