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Since reaching an all-time high (ATH) price of $108,130 on December 17, Bitcoin (BTC) has been subject to intense selling pressure. By December 20, prices had receded to as low as $92,810 — and although the recovery was quick, the leading cryptocurrency has struggled to reclaim the $100,000 mark. BTC did shoot up to $102,250 on January 7 — but it was not to last, as a quick correction followed. From then on, Bitcoin steadily traded at prices close to $95,000. Now, on January 13, the premier digital asset experienced significant downward momentum — prices have dropped from a high of $95,900 to just $90,820 at press time.  Picks for you Crypto expert says XRP could hit $4 in the ‘next couple of days’ 16 mins ago Laurel Lee net worth reve...

A widely followed crypto strategist believes that Bitcoin (BTC) is repeating its early 2020 recovery when it crashed by over 50% in one week before rallying to new highs. Pseudonymous analyst The Crypto Dog tells his 811,100 followers on the social media platform X that there’s a good chance Bitcoin is on the verge of a fresh bull rally after bouncing from its recent low of $48,000 earlier this month. “Started to consider a very optimistic outlook on the market from here, likening this wipeout from $70,000-$50,000 to the Covid crash [of] March 2020. Time will tell, open to other scenarios, but this could be the very beginning of the actual bull run.”  About four years ago, Bitcoin plunged from $8,000 to around $3,700 in just seven days as people panicked amid the emergence of the global pandemic. But after the collapse, Bitcoin rallied to fresh highs in a matter of months. According to The Crypto Dog, Bitcoin looks strong as long as it holds su...