Also, if bitcoin stays over $7000 and then moves on to go over $10,000 without any of the ETFs getting approval, would only demonstrate that we are manipulated into accepting as truth that we need an ETF for bitcoin's success.
It's just market movers trying to get the most out of all this nonsense ETF speculation. If market movers wouldn't react to any of these ETF's, no one here would even bother caring about them. As always, it's move up -> noob and mainstream media hype follows. It's a psychological game that's being played here.
In the same way, market movers could have easily granted the bakkt announcement importance by driving the price up, but they didn't bother, and now you see barely anyone is even talking about it anymore.
Bitcoin doesn't need any handy dandy institutional dildo tools to rocket its price up. The sooner people understand that, the less effective whale manipulation will be.