Will SEC approval help bitcoin extend its recent run?

As a keen observer of the cryptocurrency market, I'm curious to know if the potential approval of Bitcoin by the Securities and Exchange Commission (SEC) would indeed help extend its recent bullish run. Given the regulatory uncertainty that has often hovered over the crypto space, would such a move by a major financial watchdog provide the necessary reassurance to investors, thus fuelling further gains for Bitcoin? Or, could it potentially trigger a correction, as some may see it as a sign of increased oversight and potential future regulations? It's a question that many in the crypto community are eagerly awaiting an answer to.