Seems this news also creating fud in crypto market. SEC is also rejecting etfs one by one companies. Still people are eyeing for cboe. On the other hand if there is no etf approve this year then also bitcoin could create another ATH. Likewise last year whatever growth it recorded was not because of things like ETF. So be positive and buy as much as possible and hold unless you hey your desired price. I personally think it's best time to buy.
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I think it is a great time to buy as well. Last year's all time high was likely the result of manipulation, though that doesn't mean it can't happen again without an ETF.