Bitcoin's surge is a short-term bear market bounce, expected to roll over by year-end

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Bitcoin's recent surge past $70,000 is merely a short-term bounce in a bear market, primarily due to flushing out shorts, and it is expected to 'roll over by the end of the year' because it is a 'horrible performing asset' with high volatility, correlation to stock markets, and an unlimited supply, especially with the emergence of stablecoins.