As Bitcoin touched 34k on January 22, most of the investors were sure that the king coin would fall to 30k as only then would it generate the necessary momentum for a bounce. Turns out the market actually bottomed out at 34k and is now only going to continue looking up.
With BTC marking a 9.71% rise in a single day, it has in total revived the price action by 15.46% since the market bottom.