Bitcoin’s rise has been hyped to the moon, but the reality is finally setting in.

Bitcoin is nothing more than a derivative of the major bourses, and once the broader market recognizes this truth, it’s only a matter of time before Bitcoin faces an inevitable correction. The cattle, as they say, need to wake up. The impending slaughter for those who believe Bitcoin will remain untouchable is fast approaching. Once the market realizes that Bitcoin’s true value is tethered to traditional stock exchanges, its position will quickly crumble.