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?
I never expected the fast recovery that's why I said the world is finally understanding why Bitcoin is a necessity in every one's life, am I saying too much? Or you think I am right?
While the price of Bitcoin did increase following the incident, it is still lower than its pre-collapse value. Additionally, I think it is difficult to predict future price movements.