I’m glad to see the price seemingly holding at $25K. The charts look like we should be dropping straight to $20K, so I think the fact that we haven’t on this latest Binance news is a good sign. I’m still not convinced we won’t see the head and shoulders pattern complete and take us to $20K, but it seems to be so far so good at the moment.
I'm surprised the Binance news even matters. If they go down it would be a good thing for BTC, I'm positive they manipulate the shit out of the price by selling fake coins, just like FTX was doing. Good to cut these turds loose but I don't think we'll be lucky enough to have Binance vanish into the wind.
Manipulate the price they probably do all the time, and more importantly they trade against their customers because they have full knowledge of the order book.
For a fair trading ground, there need to be several reliable, fast, decentralized exchanges (DEXs).