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Bitcoin isn't dead - it's having an IPO moment. Here's when the selling will stop.
If you own bitcoin (BTCUSD) right now, you probably feel like the sober guy at a frat party. The S&P 500 SPX has been flirting with all-time highs. The Nasdaq COMP has been on a tear. Gold (GC00) has topped $4,000 an ounce. Artificial-intelligence stocks are priced as if AI has already replaced half of us. And bitcoin? Down more than 20% from its peak. Stuck in a range. The financial equivalent of watching paint dry on a prison wall. So what went wrong? Did the Great Digital Future get canceled? No. Something much less dramatic and far more familiar is happening: Bitcoin is going through the same thing ... (full story)
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