Quote from: bitterguy28 on Today at 02:59:21 AM

Quote from: FiveG on August 15, 2023, 03:52:23 AM

Overtime now it seem like bitcoin is lacking direction but from the look of things it has started gaining effectively price direction and this is going to going a long bullishly but am trying to ask why is moving now on the fact that dollar is rising extremely I thought that would affect the demand and supply of bitcoin... Is this the green opportunity for us to buy or is going to return back after a while let me hear from you because have started calling to ask if they should buy base on the current bitcoin progress if is going to last. Do you think the price will continue voraciously by the day?

weeks after this thread , here is the latest from Cointelegraph

The extent of FTX’s financial woes was revealed in a shareholder presentation on Sept. 11. Binance regional markets head Richard Teng said in an interview that, despite regulatory scrutiny, the company has no parallels to FTX. Meanwhile, Coinbase has refuted a report that was making the rounds on social media that it is halting services for Indian customers.

here is the link to check completely https://cointelegraph.com/news/what-happened-in-crypto-today

but thats about Yesterday and indeed that market more fall experienced till today.

I hope that in the next week or till December there will be a reconciliation from FTX and the whole market of Bitcoin and surely altcoin is affected.

After all, there is a lot of negative news hitting the market, especially the altcoin market which is under serious threat with FTX being sold off its crypto assets to pay off creditors. Although all the news is putting pressure on the market, it is difficult to say what will happen to the market. In my opinion, market movements will depend on shark manipulation rather than demand-based movements. I mean even if FTX sold all of its assets it wouldn't have any impact on the market if someone really wanted to use this news to manipulate sentiment and then make the market going against everyone's predictions.