![Analyst: Bitcoin [BTC] bottoming like 2018, with one exception](https://insights.cryptobasemarket.com/wp-content/uploads/2023/01/btc-freelancer-250135.jpg)
Although there are some similarities between this Bitcoin [BTC] bottom and the one before the 2019 bull run, according to Mike McGlone, senior commodity strategist at Bloomberg, there are significant differences this time around.
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BTC/USD$ 91,015.39 2.37%
ETH/USD$ 3,168.55 3.73%
USDT/USD$ 1.00 0.04%
SOL/USD$ 217.28 3.09%
BNB/USD$ 628.60 3.31%
XRP/USD$ 1.19 32.45%
DOGE/USD$ 0.367917 1.69%
USDC/USD$ 1.00 0.26%
STETH/USD$ 3,165.38 3.70%
ADA/USD$ 0.767908 15.30%
TRX/USD$ 0.202332 8.10%
SHIB/USD$ 0.000025 4.73%
TON/USD$ 5.68 5.78%
AVAX/USD$ 35.48 11.00%
WSTETH/USD$ 3,757.14 3.68%
WBTC/USD$ 90,790.33 2.30%
SUI/USD$ 3.70 9.64%
WETH/USD$ 3,166.81 3.83%
PEPE/USD$ 0.000022 4.55%
BCH/USD$ 458.78 7.92%
LINK/USD$ 14.34 7.07%
DOT/USD$ 5.52 11.68%
NEAR/USD$ 5.98 10.37%
LEO/USD$ 7.64 0.61%
LTC/USD$ 92.48 10.24%
APT/USD$ 12.18 4.39%
WEETH/USD$ 3,333.79 3.90%
XLM/USD$ 0.194342 37.25%
UNI/USD$ 9.00 11.34%
USDS/USD$ 0.994816 0.95%
CRO/USD$ 0.162766 0.88%
ICP/USD$ 9.33 14.02%
ETC/USD$ 26.13 15.48%
TAO/USD$ 526.88 5.05%
WIF/USD$ 3.68 3.26%
KAS/USD$ 0.144952 11.09%
HBAR/USD$ 0.092621 34.05%
FET/USD$ 1.30 6.03%
POL/USD$ 0.424054 15.92%
DAI/USD$ 0.99957 0.10%
WBT/USD$ 22.16 0.28%
USDE/USD$ 1.00 0.45%
STX/USD$ 1.95 7.46%
BONK/USD$ 0.00004 6.90%
RENDER/USD$ 6.95 5.65%
FIL/USD$ 4.53 11.65%
XMR/USD$ 147.40 0.38%
OKB/USD$ 44.63 3.08%
FDUSD/USD$ 1.00 0.14%
ARB/USD$ 0.657935 13.03%