Bitcoin bulls are standing strong as the Financial Times delivers a series of critical articles on the recent 35% price plunge. The first article argues that bitcoin’s fixed supply makes it unsuitable for use as a currency. The second article highlights the flaws in the Michael Saylor model, predicting a potential death spiral for Strategy. The third story focuses on digital treasury companies struggling to maintain value, warning of potential wipeouts. Despite the criticism, bitcoin remains up over 350% in the past five years.

Read more at Yahoo Finance: Crypto Bottoming Signs? FT Drops Trifecta of Bitcoin Gloom on Wednesday