Bitcoin rate fell to 48555

At the auctions in Asia, the bitcoin rate fell to 48555. Alts also sagged. I believe that the new crypto collapse is associated with the Turkish cryptocurrency exchange Thodex.

The negative background began to grow closer to Thursday in the evening. The CEO of the exchange went missing (left the country on Tuesday and deleted the account on Twitter). Traders and investors wrote a statement to the prosecutor's office that hundreds of millions of dollars were stolen.

The exchange has denied fraud allegations on its website. What else should they write?

The Istanbul prosecutor's office has launched an investigation into Thodex on charges of “fraud” and “the creation of a criminal organization.

According to the state news agency Anadolu, there were 390,000 active traders on the exchange. According to various estimates, it contained more than $ 2 billion. Turkey has already banned payments in the crypt, and now it will also close the exchanges.

According to the latest data by bybt, during the fall of the cue ball, buyers were liquidated by $ 936 million, with altos - by $ 2.78 billion. Now it is difficult to say when the market will calm down. The cue ball on the daily TF dropped to the trend line. If they disassemble it, they will spill up to 45 thousand.

Crooked, but the triangle worked out. This pattern is a trend continuation figure and at the same time a harbinger of its end. Appears in corrections and fourth waves. No ideas yet. The market needs to calm down.

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