CoinShares Analyst: Bitcoin May Repeat the 2020 Crash Recovery Pattern

ChainCatcher news, according to Cryptonews, CoinShares analysts pointed out that Bitcoin's current trend may replicate the crash rebound pattern of 2020. Under the geopolitical shock triggered by the tariff dispute, Bitcoin has fallen 30% from its late January peak, and net inflows into exchange-traded funds (ETFs) have decreased by 10% from their peak.

Analysts stated that despite the current macroeconomic pressures and bearish technical signals, this downward trend is similar to 2020, when a strong rebound was driven by a shift 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 strikingly similar.