Galaxy Digital also have over 70 million dollars tied to FTX Exchange, they are now withdrawing 47m $ and already at a loss of 68m $, I think we will keep seeing some more dips.
Is this all planned work or just the brutal of a bear market because it seems that in every bear market worst things like this always happens.
No, it just so happened that we are again in this kind of situation, companies are losing money because such project failed. So the only thing they can do is withdraw their money causing panic. But I don't think it's plan, again, that is normal business practice, it's that it was really evident in this FTX saga.
Now I have no choice but to believe that 10,000$ BTC is possible.
Yeah, anything is possible, the price can go as low as $10k, and it's up to you whether to take advantage and buy cheap bitcoin and accumulate and wait for the next bull run ride. There's nothing wrong if the place plummeted to $10k.