[Token Post Column] Bitcoin Price Halves from $120,000... Why This Drop Is the Biggest "Moment of Truth"

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Bitcoin has once again shocked the market with a dramatic "death." Bitcoin, which once seemed improbable, traversed the $120,000 mark, but has now plummeted to its recent low of around $62,000.

Even in a cryptocurrency market accustomed to volatility, a 50% decline in just a few months is more than a simple correction. It's a kind of "spiritual test" for Bitcoin, a nascent asset. More than anything, this bear market feels like another decisive "moment of truth," forcing us to confront what Bitcoin is and isn't.

Familiar Patterns vs. This Time It's Different

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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