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Mt Gox, China regulation and FTX: moments that fueled \'Bitcoin is dead\' calls

A long-cycle analysis says Bitcoin has repeatedly been declared finished after major shocks such as the Mt Gox hack, China’s trading restrictions and the Terra and FTX collapses, but has rebounded each time to set new highs. The review divides the 2009-2026 period into seven cycles and charts sharp sell-offs followed by recoveries. It also notes episodes of heavy liquidations and a recent geopolitical shock in early 2026.