Bitcoin will shrug off FTX 'black swan' just like Mt. Gox — analysis

Bitcoin will shrug off FTX 'black swan' just like Mt. Gox — analysis

There might not be much new to worry about when it comes to the FTX aftermath and Bitcoin resilience. Bitcoin (BTC) will recover from the FTX “black swan event” just like other setbacks, trading team Stockmoney Lizards believes.In a tweet on Nov. 12, the popular commentator argued that the week’s events were actually nothing new for Bitcoin.FTX "a real black swan event"Despite falling 25% in days, BTC/USD is not doomed as a result of the insolvencies impacting FTX, Alameda Research and possibly other major crypto companies.For Stockmoney Lizards, the unravelling, while sudden, is not....


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