Is the Crypto Winter of 2026 upon us? (Crypto Series Part XXXV)
This is part 35 of the crypto series. Is a new Crypto Winter upon us? Bitcoin has witnessed its worst drop in three years, dropping to as low as 60,000. Some market analysts believe Bitcoin could drop as low as 40,000 before it stabilizes. Why is Bitcoin falling? It could be a combination of things. Profit taking, short selling, and the uncertainty around crypto legislation. We also consider crypto holding companies and where crypto legislation currently stands. Michael Saylor’s company Strategy is in serious trouble as the price drop of Bitcoin falls below their average purchase price of…
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