Bitcoin is building a bottom akin to 2018, but under different macroeconomic circumstances. The index reached its highest point since 5 April, 2022, when it reached 52 on January 15, 2023. Although there are some similarities between this Bitcoin [BTC] bottom and the one before the 2019 bull run, according to Mike McGlone, senior commodity
![Analyst: Bitcoin [BTC] bottoming like 2018, with one exception](https://images.cryptocompare.com/news/default/ambcrypto.png "Analyst: Bitcoin [BTC] bottoming like 2018, with one exception")
