I honestly am not that confident in an approval for Bakkt. It wouldn't surprise me if the CFTC wants to see the market and the sentiment improve before they even think about an approval. It's not the Winklevoss twins asking for approval, we're talking about ICE, one of the top dog wall street institutions. If they are facing delay after delay, it really seems that there isn't much to look forward to, at least, not any time soon.
With less events to look forward to, there are only fundamentals left that you can fall back on, and that's actually a good thing. We need people to appreciate what Bitcoin stands for, not what its price is during/after X or Y event.
Good news is that Bitcoin's fundamentals are solid as a rock, so it will eventually translate into a higher price organically. Perhaps not a bull run what most of you guys hope for, but growth is still growth, and you know that Bitcoin's growth always exceeds that of the regular markets.