Bitcoin January slump nothing new in ‘post-halving years’ — Analysts
Bitcoin has fallen 10% so far this month, but analysts say it has dropped between 25% and 30% in January in past post-halving markets.
News about bitcoin
Bitcoin has fallen 10% so far this month, but analysts say it has dropped between 25% and 30% in January in past post-halving markets.
According to the SaylorTracker website, MicroStrategy’s Bitcoin holdings are up around 51%, with unrealized gains of over $14 billion.
Neutral in the short-term, bullish in the long-term. With that view in mind, pro traders explain that a certain “player versus player” mindset is at play in the crypto market this month.
Rangebound trading conditions from Bitcoin could boost the chance of a breakout in XRP, HBAR, BGB and XMR.
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Indian crypto exchange Mudrex has halted withdrawals until Jan. 28 for compliance updates, triggering user backlash and skepticism in the community.
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