Thursday, October 3, 2024

Put into perspective of how much FTX can contribute in this market

Customers from FTX will get back their investments into ftx in q4 2024, It will be up to 16B dollars! To put this into perspective I have other events and the dollar amount!

Bitcoin etf has had 18.3B in inflows!

Mt Gox was 8.8B

German government sell pressure!

All these event has caused massive spickes and dumps in Bitcoin but imagine only 50% of customers buy back into bitcoin(low number if you ask me). The market will have massive buying pressure that will cause fomo!
And remember that a bull market is really hard to stop once it starts!


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