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Can Bitcoin bounce back? Perhaps the peak is behind us – TON BOT

Can Bitcoin bounce back? Perhaps the peak is behind us

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BlockTower founder Ari Paul believes the crypto markets are at a critical juncture, with two potential outcomes. One scenario is that the market has already peaked due to slow real-world adoption and mixed results from initiatives like El Salvador’s Bitcoin experiment. The other possibility is a broader correction within an upward trend, driven by distrust in fiat systems and ongoing development in the crypto space. Paul advocates for a moderate crypto allocation but warns of the risk of a deeper crash if prices fall significantly. There are also concerns about Bitcoin’s long-term sustainability if prices stagnate, potentially leading to pressure on the network’s security budget and the broader crypto industry.

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