The FTX collapse set the crypto industry back a few years, so it's going to take quite a long time before BTC goes all the way to $100k per coin. Many are panicking thinking it's the end of crypto. But let me tell you there's more to Bitcoin than meets the eye. This is a once-in-a-lifetime opportunity to grab as much coins as you can for a steep discount. Once the tide is over, Bitcoin may never go below $20k again.
Remember, wealth is built during bear markets (not the other way around). I'm pretty sure Bitcoin will make a comeback sooner than later. Who knows if BTC goes even higher than just $100k sometime in the future? Just my thoughts
Why the FTX collapse only? Don't forget before it, we already have wars, other economic crises and then the main thing would be the bear market. The price fell down and it made it look like we are back at the early years of BTC but it didn't take away our progress. The people's awareness about BTC is still twice bigger than what we have on the past. Most of them will re-enter BTC again once some things have sorted out. Remember, wealth is built during bear markets (not the other way around). I'm pretty sure Bitcoin will make a comeback sooner than later. Who knows if BTC goes even higher than just $100k sometime in the future? Just my thoughts
This is why I do not think it will take time before we recover to our last ATH and after it, we will slowly create a brand new ATH. We will soon get to that $100k most of us are assuming of but for now, all must prepare a fund for stacking more coins.