Feb 24, 2026 2:13 PM
Bitcoin hit its all-time high of $126,080 in early October 2025, and is *already* trading 50% lower today due to a shocking liquidation event that happened on October 10th. This implies the market is reacting to a future event that hasn't even occurred yet, fundamentally breaking our understanding of market dynamics. How can a future ATH and subsequent crash already be priced in?
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