Bitcoin Faces Scrutiny Amidst Price Struggles

Bitcoin is grappling with mounting criticism from industry experts who raise concerns regarding the cryptocurrency’s governance model, security vulnerabilities, and scalability limitations. While Bitcoin prices remain volatile, navigating resistance levels near key moving averages, the crypto community grapples with potential risks that could hinder its long-term future. Experts highlight a lack of adaptability in Bitcoin’s decentralized governance structure compared to newer blockchain networks, along with the dependence on transaction fees for network security, which may become unsustainable over time.