Bitcoin Struggles Persist: Experts Debate Market Outlook

Bitcoin’s recent price decline, exceeding a 34% drop from its October highs, has raised questions about the market’s trajectory. Top crypto analyst Jacob King highlighted this rapid slide, arguing that no previous Bitcoin cycle displayed such a deep fall while maintaining momentum for a strong bull run later. Comparing this pattern to long recoveries in other major tokens suggests a prolonged downturn rather than a swift rebound. His analysis points to fresh liquidity driving recent market movements, noting Tether’s unusual behavior and MicroStrategy’s pressure as factors impacting the current landscape.