And even with the Bybit news hacking incident, it stayed on top of $90k
Such news like this on hack is not going to make a major shift on the market price, you can imagine that not all the Bybit exchange users got hacked, the exchange as well is still functioning and their site not down, it's not a major event to shook the crypto community, after all most of the whales we are having don't make use of a centralized exchange for their asset, so I don't expect much significant effects of this on the market price.
It does.
It will take time and just like what we're seeing right now, there's another massive correction that we're seeing today.
I guess that some of the biggest holders are trying to manipulate again by riding this incident.
We'd see more of this soon but even with that, I am still bullish.
If it doesn't, we would've seen the impact on the market but then it's still maintaining the $90k and have not gone beyond that since the incident occurs so I don't think the hack has enough capacity to affect the market, if it were a fresh attack between rival countries or the one between Russia and their neighbouring country we would seen a different situation with the market maybe it would've gone below $90k but it only touched 93k today and it's slightly added again heading towards 95k, I don't think the hack is enough to create a negative trends towards the market moreover it's just one exchange and not the whole exchanges entirely, maybe if it were on Binance it would've been a different thing altogether, anyway no one should be discouraged by this cause the attack was not on the Bitcoin blockchain and doesn't stop Bitcoin from improving in future.