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

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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