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 In March 2017, the SEC rejected a bid by the Winklevii twins for a Bitcoin ETF sending the price down 23% in a matter of minutes. 

Hodlers were unaffected and Bitcoin went up nearly 20X by year-end https://video.nostr.build/6cd5f08ef59b1897128a29c81e73f9143f98548175bfae0b3b445477dc503164.mp4  
 ℋ𝕒p⍴𝓎 ɴҽ𝔀 𝘠℮𝑎𝚛! 
 𝕳𝖆𝖕𝖕𝖞 𝕹𝖊𝖜 𝖄𝖊𝖆𝖗!🥂🍾 
 𝙷𝚊𝚙𝚙𝚢 𝙽𝚎𝚠 𝚈𝚎𝚊𝚛!   🍾🥂💥  
 rejected bc g + agent banks didn't have full plan back then - now they have it - total draconian plan