When the market is difficult or during a period of dullness, we often have to listen to news that is not very positive.
Like the recent time: everyone was afraid to keep coins on the exchange because it was related to the exchange’s licensing—whether it had been licensed or not yet… Then everyone thought about moving to cold wallets, but right after that, there was a wallet hack incident.
Last season ended the Dowtrend with the final Fud: the collapse of FTX, the top 2 exchange as well. People got scared and withdrew en masse from exchanges—those who cashed out moved funds back to wallets. Others turned cash into money in bank accounts because they feared the exchange might trigger a chain reaction of failures.
Right now, where do you think the market is at?
Could this season’s BTC bottom be 5x, 4x… or even 3x? What do you think, guys?
#Bitcoin #BTC #Ethereum #ETH #Crypto #Blockchain #SOL #BNB #ADA #XRP #ONDO #LINK #SUI
Like the recent time: everyone was afraid to keep coins on the exchange because it was related to the exchange’s licensing—whether it had been licensed or not yet… Then everyone thought about moving to cold wallets, but right after that, there was a wallet hack incident.
Last season ended the Dowtrend with the final Fud: the collapse of FTX, the top 2 exchange as well. People got scared and withdrew en masse from exchanges—those who cashed out moved funds back to wallets. Others turned cash into money in bank accounts because they feared the exchange might trigger a chain reaction of failures.
Right now, where do you think the market is at?
Could this season’s BTC bottom be 5x, 4x… or even 3x? What do you think, guys?
#Bitcoin #BTC #Ethereum #ETH #Crypto #Blockchain #SOL #BNB #ADA #XRP #ONDO #LINK #SUI
