//Why Bitcoin May See A 30% Dead Cat Bounce

Why Bitcoin May See A 30% Dead Cat Bounce



Bitcoin may be set to rebound after its price fell sharply since January 29. The cryptocurrency has plunged by roughly 50 percent, falling from an intraday high of approximately $11,500 to a low of $5,870 on February 6. The recent decline suggests that bitcoin prices are now set to rise back to $10,000.

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