Bitcoin has recently reached its all-time high in US dollar terms, yet it has still not outperformed other macro assets like the S&P 500, gold, and the Nasdaq 100. Financial analyst Caleb Franzen emphasized that Bitcoin's price breakout against these macro assets is a matter of time. Currently, Bitcoin traders are divided; while some predict a price increase, others forecast a potential downturn. Notably, the key moments for Bitcoin were in early 2021, prior to its peak at $69,000. As gold and US stocks have already reached new highs, Bitcoin is still working towards setting similar records. Some analysts are warning of a possible crash, with targets as low as $72,000 being suggested as a reasonable downside mark in case of a downward trend. The market observes contrasting viewpoints on Bitcoin's trajectory, leading to discussions of a possible black swan event affecting risk assets.

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