The bankruptcy filing by the cryptocurrency exchange FTX has created a black hole in the crypto space as the market has lost billions of dollars because of the FTX crash. As per Coinpedia, it may mark the birth of a fresh bullish start for the crypto market by Q1 of 2023 because it sets a new goal for leading assets to bounce back to unexpected price levels.
Also, since the macro conditions of the traditional market improve, Bitcoin tends to fade its bottom levels by skyrocketing to a bullish territory. What are your opinions on this? do you feel the same?