Re: Its safe to say Bitcoin has recovered all it's losses since the FTX collapse?
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?
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?
Bitcoin has recovered a bit, but there's still a long road ahead before things go back to normal. After all, we're yet to see the negative effects of the FTX collapse. A crypto company called Genesis has filed for bankruptcy, but I think many other companies will do the same as they were tied to FTX. This last one was the second-largest crypto exchange after Binance with investments here and there.
Maybe 2024 will be a bright year for Bitcoin? Many are hoping it will be that way because of the block reward halving. We should take advantage of "cheap" market prices before everything goes back up again. No one can predict the future so we can only hope for the best. Just my thoughts
