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Bitcoin’s crazy 30% January performance suggests a boom is coming: here’s why Bitcoin’s crazy 30% January performance suggests a boom is coming: here’s why

Bitcoin’s crazy 30% January performance suggests a boom is coming: here’s why

In December, analysts across the board were almost certain that Bitcoin was poised to fall to the $5,000s and maybe even lower; after surging to $14,000 by June 2019, the cryptocurrency had entered a steep downtrend, marked by successive lower lows and lower highs.

Bitcoin’s crazy 30% January performance suggests a boom is coming: here’s why

Cover art/illustration via CryptoSlate

In December, analysts across the board were almost certain that Bitcoin was poised to fall to the $5,000s and maybe even lower; after surging to $14,000 by June 2019, the cryptocurrency had entered a steep downtrend, marked by successive lower lows and lower highs.

But, this changed at the turn of the year.

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