Bitcoin’s $1 Trillion Crash: Why The Bull Case Refuses To Die — And Why This Time Is Different

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“The current Bitcoin price action is a mere crisis of confidence. Nothing broke, no skeletons will show up,” wrote Gautam Chhugani, senior analyst of global digital assets at Bernstein. “The Bitcoin bear case is the weakest in its history,” he said, adding that he expects the token to reach $150,000 in 2026.