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Regarding the trend of Bitcoin, a well-known cryptocurrency commentator recently put forward a sharp argument.
His logic is as follows: if Bitcoin does not rise along with tech stocks during their surge, and also remains unmoved when precious metals (gold, silver) increase, then when will it actually go up? The answer seems quite harsh — probably never.
He further claims that Bitcoin's trading cycle has been completed. Participants who entered early have basically exited, and the remaining situation is very clear — if it doesn't rise, it can only fall.
Of course, this view has sparked widespread discussion in the market. Although such pessimistic statements are not new, they touch on a question many investors are contemplating: in the context of mainstream assets and risk assets both strengthening, what does Bitcoin's relative performance really signify?