1102: BITCOIN CRASH TO $10K?! HERE’S HOW LONG CRYPTO NEEDS TO RECOVER FROM FTX CRASH!!

1102: BITCOIN CRASH TO $10K?! HERE’S HOW LONG CRYPTO NEEDS TO RECOVER FROM FTX CRASH!!

Source Node: 2720102

Popular crypto analyst Nicholas Merten of DataDash is laying out a timeline for Bitcoin (BTC) and cryptocurrency to recover from the FTX crash, involving Sam Bankman-Fried (SBF), Alameda Research, and its associated entities.

“I would say, again, while everyone’s got different opinions on this, to be a bit more cautious. I would expect that if you’re really trying to buy the dip and you’re not going to wait for a trend reversal… We would likely expect something in this pocket somewhere around 82% and 84% as we reach that big even number of $10,000.”

Learn more about your ad choices. Visit megaphone.fm/adchoices

Time Stamp:

More from Crypto News Alerts