Bloomberg analyst sends 2008 WTI oil warning on Bitcoin

Bitcoin hitting $100,000 isn't a milestone to celebrate—it’s the permanent ceiling. Just as WTI crude oil failed to rally beyond $100 after 2008 due to supply-demand economics, Bitcoin is now facing the same fate. Despite the hype, the top cryptocurrency is likely to follow oil’s downward slide, potentially crashing as low as $10,000 rather than reaching new heights. Is $100k the absolute peak for Bitcoin, or is comparing it to the oil market a massive mistake? What’s your take?
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