zforce on Nostr: FTX had zero Bitcoin to sell, the crash was all just crypto rebalancing and sentiment ...
FTX had zero Bitcoin to sell, the crash was all just crypto rebalancing and sentiment at the bottom. Most of the correction was because of Fed policy and a lack of understanding from new market participants. Both of those factors will no be able to be replicated again.
I think -50% is the best we could potentially get. Happy to be wrong because it would be the easiest money ever. But I'm actively betting against it.
Published at
2025-02-03 22:14:41Event JSON
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