Interesting stuff. Maybe you were right, as BTC went back to 63K again.
But not only BitMart, but also AscendEX and BitMEX closed and the reaction was nothing compared to the FTX scandal back then. So these were rather well taken from the market, right? I still think we won´t go back below the 58K, but let´s see.
RE: The Bitcoin Confusion: Misconceptions about Bullish & Bearish Divergence by The RR Ratio
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Sorry for delayed response: The recent sell narrative by Microstrategy, coldcard hacking seems like the start. to me it seems the reaction begins end of August/September which historically were primarily down months in the mid-term years