Seifeldin Shaaban @SeifShaaban: "$BTC has now erased..."

Germany

$BTC has now erased virtually all of the gains it made following the Trump election rally and has fallen back to levels last seen in late 2024. 📉 The world's largest cryptocurrency is down roughly 28% since the start of 2026 and more than 42% over the past 12 months, despite reaching above $120,000 just last October. 💸 What's particularly interesting is that the $SPX500 & $NSDQ100 continue to trade near record highs. Historically, Bitcoin often benefited from strong risk appetite in equities, but this time we're seeing a noticeable divergence. 📊 This is becoming Bitcoin's real test. Political support, headlines, and ETF inflows can drive momentum for a while, but long-term value requires something much bigger: broad global adoption and a convincing case as an independent store of value. For years, Bitcoin supporters have argued that it is "digital gold." The question now is whether it can prove that thesis during a period when traditional markets are thriving while crypto struggles. Markets are forcing investors to answer a difficult question: Is Bitcoin still a long-term store of value, or has the narrative lost some of its shine? $QQQ (Invesco QQQ) $MSTR (Strategy Inc)

Not investment advice. The author may have financial interests in the mentioned instruments.