Analysts: Bitcoin may repeat the crash and rebound pattern of 2020 "
According to online reports, according to CoinShares analysts, the current trend of Bitcoin may repeat the crash and rebound pattern of 2020. Amid the geopolitical shock triggered by the tariff dispute, Bitcoin has fallen 30% from its late January high, and net inflows to exchange-traded funds (ETFs) have fallen 10% from their peak. Analysts said that despite current macroeconomic pressures and technical bearish signals, this downward trend is similar to 2020, when a deep correction was followed by a strong rebound driven by a shift in monetary policy and investor optimism. Analysts believe that although the current challenges are different from those during the COVID-19 crisis, the fundamental dynamics are strikingly similar.
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