Market · November 21, 2022
BTC bottoms at ~$15,500
Price at event
$15,500
Today
$73,507
Since then
×4.7
Cycle-4 low, post-FTX capitulation. Many obituaries that month. From here BTC would do an 8× round-trip.
⸺ Sources ⸺
- primaryCoinMarketCap — Historical Snapshot, 21 November 2022 (BTC at $15,787.28, primary price data confirming the bottom) ↗
- newsCoinDesk — Genesis Bankruptcy Jitters Send Bitcoin to Fresh Low (BTC two-year low of $15,480 on Genesis bankruptcy fears) ↗
- newsFXStreet — Genesis bankruptcy jitters send Bitcoin to fresh low (corroborates ~$15,480 low, Nov 21, 2022) ↗