Is bitcoin down 50% from its all-time high?
Has Bitcoin experienced a significant decline in value, specifically a drop of 50% from its all-time high? If so, what factors might have contributed to this significant drop, and what are market analysts predicting for the future of Bitcoin in the wake of this drop? Are there any indicators that might signal a rebound, or are investors advised to proceed with caution in the current climate? It's crucial to understand the current state of Bitcoin's market performance and what it might mean for those involved in cryptocurrency investments.