Bitcoin price wobbles amid 'death spiral' fears

Fears of a 'death spiral' for Bitcoin are being countered by strategy supporters who argue the narrative is overly simplistic. They contend that the scenario assumes immediate selling of assets during market downturns, overlooking crucial intermediate steps. This perspective suggests that the current market fluctuations do not necessarily indicate an imminent collapse, but rather a temporary instability that can be navigated without drastic measures. The focus remains on the resilience of the strategy despite short-term price volatility.