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Has Bitcoin Finally Reached a Bottom?

Has Bitcoin Finally Reached a Bottom?

Bitcoin (BTC) is up over 6% today after slipping below the all-important $20,000 level over the weekend. Bitcoin is down almost 70% from its all-time high and there are a number of clouds still on the crypto horizon. The main reason Bitcoin is struggling is that the economic climate today is very different from the one that pushed the whole crypto industry to new highs last year.