Quote from: btc_angela on Today at 11:27:52 AM

Quote from: Lambe Ndumble on Today at 09:43:46 AM

December has been running half and it seems that the hope to see the market rising will not occur in December, the number of FUDS after 2 big cases namely FTX and Luna makes us panic and think that Bitcoin will continue to drop, but a good thing is Bitcoin can still survive from pressure.

Definitely, we can survived from this pressure, the market is just testing everyone, so it's up to us whether to hold or sell when the price goes down. For sure we know the pros and cons of selling and buying in this bear market. And as much as others think that it's better to sell, then think again, it's the right time to accumulate.

So for this December, the price could be $17k, no more increased but the good thing is that it seems that the FUD around the FTX and Luna has subsided and so we will not find any sudden downside of the price till the end of this year.

The FUD around FTX is really coming to an end, but yesterday there was new news that supposedly the US will introduce a new law that will oblige all crypto wallets to be verified. I don't know how true it is, but if it happens, the price might fall even lower than it is now. But if you put it another way, the pumping always ends where it started. In bitcoin's history, that's about 10k. So it is possible that the price will go back to where it started rising in 2020, when Elon Musk started pumping.