The most optimistic news at the moment, overshadowed by a sea of fear and negativity, is the newly released FTX bankruptcy filing. Creditors (former investors and traders) are expected to recover approximately $16 billion from October to November this year. This amount of money will inject a lot of money into the market. Contrast this to the current move by the German government to sell $1.5 billion, which is causing chaos. Let me repeat, the market is expecting an inflow of $16 billion, but it is panicking because of the $3 billion that Germany plans to sell? Imagine how explosive the market will be when crypto investors have $16 billion in their hands. The market has not yet priced in this positive news, which makes it even more optimistic. I guess you will see this kind of news here first. Because most Twitter analysts are taking the bearish route, this will be their fate, and time will tell. Scenario 1: Market makers will push the market up violently to ensure that the $16 billion enters at a high point, or does not enter at all, or only enters at a high price before the price corrects. The target price is expected to be between $86,000 and $92,000 before creditors are repaid. Scenario 2: As my followers know, I predict a bull run in Q3 and Q4 with a target between $80,000 and $100,000 this year and continuing into 2025. This $16 billion could flood the market in panic buying and mania, driving prices higher and creating more mania in the market. Whichever scenario more or less happens, $BTC's price target remains between $80,000 and $100,000 in the worst case scenario. The amount FTX repays is five times the amount previously held by the German government ($3 billion). $BTC$ETH
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