Bitcoin price target now .5K as BTC trader says ‘exit all the markets’

Bitcoin price target now $13.5K as BTC trader says ‘exit all the markets’

Bitcoin (BTC) ranged around $16,500 on Nov. 17 as markets digested the latest events surrounding exchange FTX.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

FTX CEO tells of “complete failure of corporate controls”

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD seeing only mild volatility at the Wall Street open.

The pair showed acclimatization to events around the FTX insolvency, the latest including revelations that Alameda Research had been immune from…


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