It feels less like a bull or bear market issue and more like the entire crypto space is heading downhill.
Bitcoin is not a hype, but it's just not selling anymore. Clearly, funds are moving elsewhere, mostly into gold, tech stocks, or assets with either broad consensus or cash flow. Bitcoin is now in an awkward position, relying on imagination to rise. When liquidity is withdrawn, it drops quickly and sharply.
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It feels less like a bull or bear market issue and more like the entire crypto space is heading downhill.
Bitcoin is not a hype, but it's just not selling anymore.
Clearly, funds are moving elsewhere, mostly into gold, tech stocks, or assets with either broad consensus or cash flow.
Bitcoin is now in an awkward position, relying on imagination to rise. When liquidity is withdrawn, it drops quickly and sharply.