RE: RE: We Are(Probably) Here...
You are viewing a single comment's thread from:

RE: We Are(Probably) Here...

edicted(83)
Published in
GEMS
Words
107
Reading
1 min
Listen
Play
2y

BTC crashed from around $64,000 to just over $30,000 in days, mostly due to the FTX collapse, dragging the altcoin market down with it.

BTC was at $21k when FTX collapsed.
We were grinding in range and it seemed like we found the bottom.
CZ even gave everyone fair warning that FTX was FUCKED.

The first catalyst of the bear market was Three Arrows Capital insane overleverage.
The second was LUNA/UST collapse.
By the time FTX collapsed the bear market was already over which was reflected in the relatively tiny dip that it created.


Hive does seem to be rocking that fractal though.
Would be nice!