According to CoinShares analysts, Bitcoin’s current trend may reappear in the 2020 crash rebound pattern. Bitcoin has fallen 30% from its late January highs amid a geopolitical shock caused by the tariff dispute, and net inflows of exchange-traded funds (ETFs) have fallen 10% from their peak. Analysts said that despite the current macroeconomic pressure and technical bearish signals, this downward trend is similar to 2020, when a strong rebound was driven by monetary policy shifts and investor optimism after a deep correction. Analysts believe that although the current challenges are different from those during the COVID-19 crisis, the fundamental dynamics are surprisingly similar.
Bitcoin may repeat the crash rebound pattern in 2020
加密先锋
04-09 23:21
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