So as you all know they charged CZ and he stepped down. Most likely he will get arrested as he goes on US soil.
What I find strange about all this, is that it’s all familiar. Anyone know what I am taking about?
Remember Bitmex and it’s CEO Arthur Hayes who was arrested. What happened right after? One of the biggest bull runs in Bitcoins history.
History doesn’t repeat itself but it often rhymes.
That is the similarity that the community has discovered and excitedly discussed everywhere. History doesn't repeat every detail exactly, but it has similarities as you said. My theory is that with the news of CZ's resignation and imprisonment, the market will panic and many people will dump but the ETFs will suddenly be approved and we will enter the bull season in everyone doubting. I expect that scenario to happen and many people will miss out on this bull season but that's how this market works.