CoinOtag
2025-12-08 11:10:06

Bloomberg Analyst Suggests Bitcoin’s Resilience Challenges Tulip Mania Comparison

Bitcoin is not like Tulip Mania because it has endured multiple market cycles over 17 years, repeatedly recovering to new highs, unlike the short-lived 17th-century tulip bubble that collapsed permanently. Bloomberg analyst Eric Balchunas emphasizes Bitcoin's durability and proven track record as a store of value, dismissing outdated comparisons. Bitcoin's repeated recoveries after deep drawdowns [...]

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