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Bitcoin is failing its most important test, and an 11-month slide proves the “store of value” is broken right now

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Bitcoin is failing its most important test, and an 11-month slide proves the “store of value” is broken right now

Bitcoin’s year is usually narrated through the dollar chart, a familiar frame that captured a chaotic fourth quarter where BTC whipsawed through a violent two-month range. Price climbed to roughly 124,700inlateOctoberbeforebreakingdowntowardthemid124,700 in late October before breaking down toward the mid-80,000s in November, a swing that erased


Original Article: CryptoSlate

This article was originally published on CryptoSlate and has been curated for our readers.