Bitcoin Price to Triple if SEC approves the Winklevoss ETF

Analysts anticipate, the Winklevoss Bitcoin ETF (exchange traded fund), if approved by SEC on March 11 this year, the price of bitcoin may triple, hitting above 3000 US dollars.

Some estimate that at least $300 million in assets would flow into a bitcoin ETF in its first week only.
It would be very difficult to source $300 million of bitcoin within a week without drastically increasing the price of Bitcoin, therefore a price target of above $3000.

There are speculations of a 35% probability for ETF approval against a 65% probability of rejection.