Can Bitcoin really fall back to 50,000?
Yesterday, I had a long chat with an old BTC holder.
Not a talker, but someone who has already sold 90% of their position.
His core judgment is very harsh:
#BTC is shifting from resisting fiat currency to becoming part of dollar assets. The more Wall Street buys, the weaker its independence.
Currently, hash power is flowing into AI.
Mining companies are converting to data centers and selling coins to survive.
If BTC loses the anti-system card,
How much is it really worth?