The FTX Sex Tape Marks a Bottom for Crypto Prices? Trader Predictions
'Sell when the Super Bowl ads hit, buy when the sex tapes hit' was one trading tip from crypto trader Cheds following the FTX scandal.
Cheds (@BigCheds) who has 291,000 followers, is not the only crypto influencer predicting that the FTX sex tape could be a bottom signal - alongside the wider collapse and contagion surrounding Sam Bankman-Fried, Caroline Ellison, Sam Trabucco and others at Alameda that has seen market sentiment hit rock bottom.
FTX Sex Tape & Crypto Price Predictions
NFT investor @jpeggler also tweeted a similar prediction to his 54,000 followers that the SBF sex tape should mark the bottom for crypto prices.
DonAlt, one of the most followed crypto Twitter accounts and host of the TechnicalRoundup show on YouTube, is buying Bitcoin now for a long term hold.
@CryptoDonAlt tweeted the Bitcoin price chart and long set up below to his 441,000 followers (stoploss zero).
CrediBULL Crypto (@CredibleCrypto), who has 337,000 followers, then quote tweeted DonAlt's Bitcoin price prediction in agreement. He's posted similar $100k price targets himself, and higher.
Our resident CryptoNews analyst Jacob Bury is 'starting to accumulate some good alts at fire sale prices and investing in new presales'.
Bitcoin is currently trading at just under $17,000, so far holding the low from November 9th - $15,588 on Binance against USDT.
While he didn't mention the FTX sex tape, Edward Snowden also commented on the 14th that 'for the first time in a while I'm starting to feel the itch to scale back into Bitcoin'.
Elon Musk tweeted the same day that 'BTC will make it, but it might be a rough winter.'
FTX Sex Tape Release Date
If real, the FTX sex tape is set to be released by midnight today, Friday the 18th.
On the 16th @WhaleChart posted the above message, allegedly from an ex-FTX employee.
SBF and Caroline (Alameda) must be held accountable. 11/18/2022 their sex tape will be released on this uncensorable web page.
As an FTX insider who wishes to remain anonymous, it is only right to bring the truth to light. Videos from the polycule will bring transparency and humility to this space. They will not wipe this website, they can't. The puff piece from the NYT has to be balanced out. Please bring awareness to this upcoming leak.
The now bankrupt FTX exchange is rumored to have been fueled by drugs, sex and fraud from its headquarters in the Bahamas.
Update - the owner of the website the FTX sex tape will be posted to, now states 'more eyes' are needed before the video's release, and that more updates will drop 'tomorrow'.
Visit that site at your own risk - if the tape is indeed real it may be safer to stay tuned to sites like Know Your Meme which are reporting on this developing story.
Is the Bitcoin Bottom In - Poll
Best Crypto to Buy Now
While the market is finding a bottom, a new token on presale could be a safe bet.
See our reviews of the 15 best crypto presales on the market right now, and recent news coverage of the top four:
- Crypto Experts are Fleeing to This Platform Following the FTX Implosion
- Play to Earn Cryptos Are Making a Comeback and This Coin is In The Lead
- This Green Token Has Raised Nearly $13 Million For Its Carbon-Credit Marketplace-On-The-Blockchain Platform – Time to Buy?
- Whales are Accumulating This Little Known Metaverse Crypto - Pump Incoming?