
Our dear Bitcoin has taken quite a tumble, falling 47% from its zenith of $126K to a mere $67.3K. One might say it has undergone a transformation akin to that of a once-proud peacock now strutting about with its feathers ruffled. The volatility is reminiscent of the chaotic days following the infamous 2022 FTX crash-oh, the memories! Critics, those ever-watchful jesters, have pointed out Woo’s previous miscalculations, as if he were an actor who had flubbed his lines. Yet, the bulls, bless their hopeful hearts, cling to dreams of softer inflation and ETF inflows, suggesting the market might just endure this tempestuous bear cycle.