Bitcoin is down around 1% again today and is trading just above $16,500. It is inevitable that the 7-day low near $16,000 will come closer again. In the last 24 hours, BTC has traded between $16,417 and $16,775. Although dangers are omnipresent and the events surrounding FTX massively burden cryptocurrencies with all the effects, Michael Saylor remains bullish. The CEO of Microstrategy and one of the most well-known Bitcoin bulls repeatedly turned to his Twitter followers after the FTX crash to point out the potential of Bitcoin. Because Bitcoin remains ?the final boss?.
FTX crash bullish for Bitcoin: BTC prevents future crypto bankruptcies
Everyone knows that Michael Saylor is an avowed supporter of Bitcoin and classifies the decentralized cryptocurrency as extremely promising. This is even more true after the FTX crash. Because Bitcoin means you don’t have to rely on the central players like FTX, but can use an independent payment network.
The next tweet by Michael Saylor, presenting Bitcoin as an effective method for more altruism, goes in the same direction. Because Bitcoin can continue to prevent manipulation or Ponzi schemes through its independence from central institutions where individual actors want to increase their wealth at the expense of the crypto community.
Michael Saylor & Bitcoin: The Concept Is Not The Problem, The Key Players Are!
At the same time, the FTX crash, freely adapted from Michael Saylor, exposes the problem of key players who falsify the actually good concepts of the crypto market in an unethical and sometimes hardly responsible way. Now, don’t make the mistake of questioning the whole concept of a decentralized, digital currency sector. Rather, there is a need for solutions to trade digital assets on regulated, digital exchanges.
Salvador Continues to Buy Bitcoin Strongly: Bullish!
In contrast, the Central American country of El Salvador would like to seize the opportunity (dip in Bitcoin price) to continue to accumulate Bitcoin strongly. The country’s president, Nayib Bukele, announced on Twitter today that starting tomorrow, Bitcoin will be bought every day.
Bitcoin Alternatives: Crypto Pre-Sell With 10x Potential After FTX Bust
Anyone looking for Bitcoin alternatives to diversify their crypto portfolio can also take a look at new coins and presales that offer an attractive risk-reward ratio. Four cryptos with a chance of 10x return:
Dash 2 Trade: Dash 2 Trade raised about $6.5 million in the first three weeks of the pre-sale. After the FTX crash, the versatile trading platform can benefit the increasing security needs of crypto investors looking for well-founded information for profitable trading decisions.
Two Dash 2 Trade
RobotEra: After about a week, the RobotEra Presale was able to collect the first $100,000 from investors in a very difficult market environment, although the entire market is characterized by massive capital flight. The orientation towards the Top 50 Coin Sandbox (SAND) and the support of the major exchange LBank (LBank Labs) seems exciting here.
IMPT.io: Eco-friendly cryptocurrency IMPT.io has now raised nearly $13 million in its presale. With the construction of a sustainable platform for ESG-oriented shopping and efficient emission trading, IMPT.io appears to be excellently positioned to serve megatrends in this regard.
Go to IMPT.io
Calvary: The fourth presale phase is almost completed on Calvaria and the presale is thus approaching half way. With the current token price of $0.025, it is still possible for investors to realize booked gains of over 100% before the ICO. The new NFT trading card game wants to convert conventional players to P2E games in the medium term with a free smartphone app.
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