Bitcoin Retreats to $91,500 as Analysts Debate ‘Dead Cat Bounce’ vs. Accumulation
Bitcoin’s Jan. 6 surge past $94,000 quickly reversed to $91,500 erasing over 2% and triggering $96.5 million in long liquidations as total crypto market cap slipped by $70 billion. While skeptics framed the initial surge as a “dead cat bounce,” institutional inflows of $1.1 billion into spot exchange-traded funds and metrics showing strong accumulation suggest […]
