WHAT THE ACTUAL F*CK?
Bithumb accidentally sent hundreds of users 2000 BTC instead of 2000 KRW.
Those who immediately dumped all their BTC, crashing the BTC price 10% lower on Bithumb compared to other exchanges.
This is a classic example of paper BTC, as Bithumb's total reserves are just 46,000 BTC.
$BTC IS GOING $170,000 NEW ATH IS COMING
BOTTOM IS FINALLY IN .UPWARD DOWNWARD COILING CHART IS FORMING AGAIN .
THIS WILL BE YOUR LAST CHANCE TO BUY #BITCOIN BELOW $100,000 AGAIN .
The disconnect of $BTC and $ETH with every major asset is really concerning.
- QT has ended
- Rate cuts have happened
- DXY is going down
- Global liquidity is at a new ATH
All these factors impact the crypto market, but the prices aren't catching up.
I think that the October 10th crash completely broke the confidence, and now retail doesn't want to play here.