Post
Topic
Board Bitcoin Discussion
Re: Its safe to say Bitcoin has recovered all it's losses since the FTX collapse?
by
naira
on 24/01/2023, 14:11:12 UTC
It seems that people are now getting used to Bitcoin market behaviour, now people are understanding that Bitcoin cycle is 4 years. Imagine if the FTX collapse happen in 2017, I believe the impact will be more drastical compare to today, now I can boldly say that Bitcoin has now recovered all it's losses since the FTX collapsed, is this safe to say?
The recovery is arguably pretty quick if we look at it since the FTX crash, but I would always be wary of anything that's deemed 100% secure. Even market speculation, including investors, are now starting to dare to take large-scale buying actions and choose to forget about the incident at FTX. Personally, I don't feel overly ambitious either during market recoveries or crashes what I'm still doing is dropping a few dollars every 2 weeks on Bitcoin.