What if Binance is the next one getting hit after FTX with all the volume it controls? A lot of shady things happening there lately.
Comment:
If Binance gets hit it will likely have a much bigger impact than FTX. Although the Binance talk is just speculating, technically there are so many similarities between the cycles, especially in the last and current one. The currently cycle looks more extended due to the maturity of BTC, more retail and bigger market resulting in a more substantial dump. It will also test the lower levels again like it did before. Technically it all just looks so fitting. Although this is just a hypothetical scenario, if it happens I wonder which news people will frame it with.