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Bitcoin's price has dipped below $90,000, reflecting a 10% decline in January 2025, amid macroeconomic pressures and reduced whale activity. Analysts note this trend mirrors historical post-halving patterns, suggesting potential for a rebound or further consolidation, while cautioning about macroeconomic headwinds. The coming weeks will be crucial for Bitcoin's trajectory.
Bitcoin has plunged to $90,600, marking its lowest point since November, with a nearly 4% decline in the past day and an 11% drop this month. Whale activity has decreased significantly, with large transactions down 51.64%, indicating a cooling market. Analysts suggest that January declines are typical in post-halving years, with historical patterns showing potential for recovery later in the month.
Bitcoin's January slump is a recurring trend in post-halving years, with a 10% drop this month from a high of $102,300. Historical data shows significant recoveries following similar declines, with analysts predicting potential price surges exceeding $200,000 by late 2025, despite risks of falling below $70,000.
Axel Bitblaze
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
bitcoin price drops to 90000 amid market pressures and historical trends
20:22 13.01.2025
bitcoin falls below 90600 as whale activity declines and market cools
14:54 13.01.2025
bitcoin experiences typical january slump in post halving year analysts say
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