Post
Topic
Board Speculation
Re: Crypto dump is just getting started?
by
m2017
on 17/11/2022, 13:15:52 UTC
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.

Now I have no choice but to believe that 10,000$ BTC is possible.

News Link below

http://coindesk.com/business/2022/11/09/crypto-finance-firm-galaxy-digital-reveals-768m-exposure-linked-to-ftx
Any scenario is possible, not just 10,000$ BTC. Of course, I'm talking about the negative scenario. In the current situation in the  crypto industry, only a market decline is foreseen. Even more. Moreover, it is still very early for the start of a bullish trend and troubles with FTX Exchange are pushing for the continuation of the bearish trend. This will last more than one week and more than one month. Perhaps, by the next halving, the situation will stabilize and a slow and small growth will begin. In the meantime, we are determined that everything will be bad for a long time, in terms of prices for sale btc and the general mood, but it is good for profitable purchases of BTC.