Bitcoin's Demise Is Inevitable
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1. The text includes a disclosure about the author's lack of stock, option, or derivative positions in the next 72 hours.
2. It mentions the author's affiliation with Crude Value Insights and a value-investing approach.
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Description
Summary Bitcoin's price surge is driven by hype, institutional adoption, and favorable political shifts, not by intrinsic value or improving fundamentals. Trading volumes and active addresses are declining, indicating weakening underlying activity despite rising prices and increased derivatives speculation. Bullish arguments based on HODL trends and futures activity are double-edged, often signaling overextension and a potential bubble rather than sustainable growth. Given deteriorating fundamen...
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