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Grayscale: This week or bitcoin turning point
Grayscale indicated that this week could be a turning point for bitcoin. Historically, Bitcoin has generally been hit by the bottom of its peak life cycle prices, which fell by about 80 per cent. In the recent bear market, bitcoin fell by about 50 per cent from its peak, down from the decline in all previous cycles. The market had discussed whether bitcoin would fall again in the fourth quarter of 2026. Although there are still risks, the rebound this week may indicate that we have reached a more sustainable bottom。
