Bitcoin (BTC) $78,184.88 -1.54%
Ethereum (ETH) $2,177.89 -2.23%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 86.757423 -3.31%
Cardano (ADA) $0.26 -2.33%
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Dogecoin (DOGE) $0.00 -0.40%

Cryptocurrencies: 28952

Markets: 114144

Market Cap: $2,601,122,378,396

24h Vol: $71,307,706,239

Crypto Potato

2022-11-13 15:47:05

Was This Capitulation or More Pain Ahead for BTC Following the FTX Bankruptcy? (Bitcoin Price Analysis)

Was This Capitulation or More Pain Ahead for BTC Following the FTX Bankruptcy? (Bitcoin Price Analysis)

Market participants are going through a period of fear and uncertainty as the FTX exchange has recently announced bankruptcy after facing a massive liquidity crunch. As a result, Bitcoin plunged and marked a new low at $15.5K. Technical Analysis By Shayan The Daily Chart The $18K level had been supporting the price for several months.

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