Following a high of $1,301.80 on Friday,This drop in price saw the world’s second largest cryptocurrency fall below a floor of $1,225 on Saturday.Looking at the chart, the sell-off transpired as a downward crossover between the 10-day and 25-day moving averages occurred.could be on its way to $1,000, with the possibility of further drops below this point.
Currently, the RSI is tracking at 40.82, with the next visible floor at the 38.15 point. Should price strength fail to hold at this level, the chances of the aforementioned plummet to $1,000 occurring will increase.Tags in this story
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FTX users have become numb
I really felt the hit but what can one do, situations like this is bound to happen. I've made peace with my loss and decided to move on with my crypto journey on a more secured CEX. I only have Binance & MEXCGlobal in mind but it seems the latter have a better records I guess.
It’s not because hack, it’s because FTX stopped withdrawals
Who the heck left their assets on FTX this long? How could there still be $600M to hack?
It hasn’t really dropped today actually. Perhaps people are just jaded and don’t really care at esta point.
Who cares? They are out of the game.
Every tweet can be a fake. Most tweets have a hidden agendas. With that said you are ultimately responsible for your life. If you fail look in the mirror to assign blame. Have a beautiful Saturday. 😊
so is it true ? FTX hack by hackers ?
CPI report was expected to give a good inflation rating that can push BTC up, then this FTX saga happened that dumped BTC even harder. Hmmm. Of course, these market makers don't want a bull run as yet. Very well played.
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Caroline Ellison CEO needs to get some blame as FTX needed to cover for the firm trading loss. SBF is main character but she the side kick.
This is fishy, it’s a “hack” that might be staged. Good idea to save 600millions for later use.
Hack? Sure... SorryWeStoleYourMoney FTX FTXhack
bitcoin news, please get back to bitcoin news. not this crap and hype with ftx. be better
That’s quite the coincidence don’t you think?🤔🤔
Rug Me Harder Baby!!! $FTT will touch to $ 0.1 soon…
Is there anything likee it!
Not hack, fraud!!
Easy solution. Track the hacked wallets and don’t let any transfer from those. If any transaction already track it and go to the hacker. Thats it. If thats the hack ofcourse!!
'confirms' Yep fellas it was a hack, no need to investigate any further. All questions were answered cause it was definitely a hack so don't ask anymore.
Ahh
Can we stop discussing the FTX case, the more bad FTX on Twitter will hamper the rise of BTC and crypto. Enough of being ugly, right FTX On twitter.
Anyone else smell that..... smells like some bullshit just asking for a friend tho🤣
Loll its obvious possibility of them working with hacker team letting then know the loophile.
yea!
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