Analyst: Bitcoin may repeat the 2020 crash rebound pattern

According to a report by Jinse Finance, analysts at CoinShares pointed out that Bitcoin’s current trend may replicate the crash rebound pattern of 2020. Under the geopolitical impact triggered by trade disputes, Bitcoin has fallen 30% from its late January peak, and net inflows into exchange-traded funds (ETF) have decreased by 10% from their peak. Analysts indicate that despite current macroeconomic pressures and bearish signals from technical indicators, this downtrend is similar to that of 2020, when a strong rebound was driven by shifts in monetary policy and investor optimism following a deep correction. Analysts believe that although the current challenges are different from those during the COVID crisis, the fundamental dynamics are remarkably similar.

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Soul2giovip
· 04-09 15:58
hope the best wishes, good luck and prosperity
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HoshikawaVvip
· 04-09 15:28
According to a report by Jinse Finance, analysts at CoinShares point out that Bitcoin's current trend may replicate the crash rebound pattern of 2020. Under the geopolitical shock triggered by tariff disputes, Bitcoin has fallen 30% from its late January peak, and net inflows into exchange-traded funds (ETF) have decreased by 10% from their peak. Analysts state that although current macroeconomic pressures and technical indicators show bearish signals, this downtrend is similar to 2020 when a strong rebound occurred after a deep pullback driven by shifts in monetary policy and investor optimism. Analysts believe that while the current challenges are different from those during the COVID crisis, the fundamental dynamics are strikingly similar.
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