After an impressive rally in January, (BTC) it seems that he will take a breather in February. This is a positive sign as vertical rallies are rarely sustainable. A smaller decline could shake jittery long prices and provide an opportunity for long-term investors to increase their positions.
Opinions are divided on whether it will Bitcoin has bottomed or not. Some analysts expect the rally to reverse course and fall below the November low, while others believe markets will continue to rise and frustrate traders waiting to buy at lower levels.
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