Has Bitcoin bottomed? Here's how it compares with past bubbles

Crypto diehards see Bitcoin's 70 per cent rebound from its 2018 low (and even bigger gains for so-called alt coins) as the start of a new bull market

Only four months ago, Bitcoin seemed on the verge of extinction as investors fled one of history’s biggest bubbles.

But after the steepest two-day rally since the height of crypto-mania in 2017, more and more market observers are asking the same question: Has Bitcoin bottomed out?

Crypto diehards say the answer is yes. They see Bitcoin’s 70 per cent rebound from its 2018 low (and even bigger gains for so-called alt coins) as the start of a new bull market. Bears counter that nothing has changed to make digital currencies more attractive to Wall Street or Main Street.

Given the