Here’s How Long Crypto Needs To Recover From Embarrassing FTX Mess: Analyst Nicholas Merten
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Popular analyst Nicholas Merten is laying out a timeline for Bitcoin (BTC) and crypto to recover from the collapse of digital asset exchange FTX and its associated entities. In a new strategy session, Merten tells his 512,000 YouTube subscribers that with Bitcoin showing obvious weakness as it remains below the 200-week moving average, another leg down is more than likely. He sets a price target of about $13,600 for a possible Bitcoin bear market bottom. “We are well below that 200-week moving average. This is the first in Bitcoin’s history. On top of that, we just simply take a look
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