Been thinking about this lately. What about the FTX collapse? They had basically all paper Bitcoin and when they went under, the price tanked. People panic sold on the news or what?
Discussion
First rection to any news alike that is always gonna be the same because there are many scouts with paper hands in any market. However, Bitcoin is up 500% since FTX collapsed. What happens tomorrow is not important because the day after tomorrow we all get richer