Bitcoin's store-of-value debate

Bitcoin faces renewed scrutiny as critics argue it fails as a hedge or digital gold, while Matt Hougan defends it as an evolving store of value, citing gold's historical volatility.

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Digital siyal
Bullish

⚡️ MASSIVE CRASH IN CYBERSECURITY STOCKS SINCE ANTHROPIC LAUNCHED CLAUDE CODE SECURITY.


Over $52.6 billion wiped out in just 2 days.


CrowdStrike is down 20%, wiping out $19.6 billion.


Palo Alto Networks is down 8.9%, wiping out $11.7 billion.


Cloudflare is down 18.5%, wiping out significant value.


#Vitalik Buterin sells ETH #Hyperliquid token unlock #Bitdeer liquidates Bitcoin treasury #Bitcoin's store-of-value debate #Strategy buys BTC $BTC $ETH $KCS $ENSO $WMTX

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Digital siyal
Bearish

🚨 Tech stocks crashed because of AI

Cybersecurity stocks have also experienced a significant decline due to AI developments.

The Dow industrials are facing a crash as the job market suffers as well.

In a surprising twist, AI companies are experiencing losses amounting to billions.

Over $52.6 billion has been wiped out in just 2 days:

CrowdStrike is down 20%, losing $19.6 billion

Palo Alto Networks is down 8.9%, with a loss of $11.7 billion

Cloudflare fell 18.5%, losing $11.2 billion

Zscaler is down 17.3%, resulting in a loss of $4.6 billion

Infosys has dropped 3.4%, wiping out $2.9 billion

Okta

#Vitalik Buterin sells ETH #Hyperliquid token unlock #Bitdeer liquidates Bitcoin treasury #Bitcoin's store-of-value debate $BTC $ETH $KCS $BNB

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Digital siyal
Bullish

⚡️ The bottom is in for now, and we are due for a relief rally soon unless stocks crash hard.


Bitcoin is now retesting the previous all-time high from 2021, which last time marked the bottom for BTC.


In 2022, BTC tested the 2017 ATH of $19,800, dipped below to $15,400, and then formed the bottom.


We are seeing the same pattern again: we just went below the 2021 high of $69,000 and tested the $60,000 level.


So the bottom is likely in and we should bounce, but if stocks dump hard, BTC can go lower.


#Vitalik Buterin sells ETH #Hyperliquid token unlock #Bitdeer liquidates Bitcoin treasury #Bitcoin's store-of-value debate $BTC $ETH $KCS $ENSO

coinBTC+3.93%coinETH+6.51%coinKCS+3.46%coinENSO+1.47%
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Digital siyal
Bullish

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#Vitalik Buterin sells ETH #Hyperliquid token unlock #Bitdeer liquidates Bitcoin treasury #Bitcoin's store-of-value debate $BTC $ETH $KCS $ENSO

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