For those who wonder why other cryptos don't have the same performance as #Bitcoinโ๏ธ ?? Just look at this picture to understand it with Bitcoin Dominance
US bankruptcy judge approves FTX reorganization plan, two years after the exchange's collapse
Judge John Dorsey in the U.S. Bankruptcy Court for the District of Delaware decided to approve the plan during a hearing on Monday in a move to start distributing funds to creditors. Under that plan, 98% of creditors will receive at least 118% of their claim value in cash.
After the news, the FTT price increased by ~50% and then decreased again. It is now trading at $2.43.
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๐ ๐คฏ Researchers warn that crypto can worsen quality of life and increase stress, calling for greater awareness and policies to mitigate impacts on traders' mental health. forbes
Currently we are in a bearish channel which represents a chart pattern (Flag) we can talk about a range which means the price of BTC can come to the support of the channel so we can expect BTC at $53k or less
the MACD shows us a bearish trend with and the RSI it shows a sale currently it is under the neutrality zone it is at 47.09.
What can make the price of bitcoin fall in the coming days is the month of September because it is one of the months that are worse for the price of BTC
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Guide to Categories in the World of Cryptocurrency: A Complete Overview for Beginners
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