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Bitcoin will shrug off FTX ‘black swan’ just like Mt. Gox — analysis By Cointelegraph



Bitcoin will shrug off FTX ‘black swan’ just like Mt. Gox — analysis

(BTC) will recover from the FTX black swan event just like other setbacks, trading team Stockmoney Lizards believes.

In a tweet on Nov. 12, the popular commentator argued that the week’s events were actually nothing new for Bitcoin.

annotated chart. Source: Stockmoney Lizards/ Twitter
Bitcoin exchange reserves chart. Source: CryptoQuant