Buying or selling at this point is gambling, ETF hold an important price stability, so we need the decision to see how will it affect bitcoin, but no matter what is the decision I still will hold my bitcoin, because I know even though the ETF not approve I believe I still got chance to be rich with bitcoin, it just the matter of time
Yes, we do not need to get panic if ETF application is not getting its approval.
I believe some other company will be filing another application by fulfilling all the requirements where Winklevoleks brothers lags in that case.
So, certainly bitcoin will reach an imaginable price level in very near future if ETF gets its approval we can see those magic moments very soon, otherwise it will obviously take some more time.