and it goes to $68,000 you can sell it and buy it back 6 seconds later you still have the same one Bitcoin But you can realize a capital loss of $58,000 for tax purposes
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If you buy Bitcoin at $126,000
and it goes to $68,000
you can sell it
and buy it back 6 seconds later
you still have the same one Bitcoin
But you can realize a capital loss of $58,000 for tax purposes