03/19 update below. This post was originally published on March 18

Bitcoin has been stuck in holding pattern in recent weeks, struggling to regain momentum after “panic selling” raised fears of a major bitcoin price crash.

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The bitcoin price has dropped from its all-time high of almost $110,000 per bitcoin, plummeting to around $80,000 despite a leak revealing Russia is quietly leaning into bitcoin and crypto.

Now, as traders speculate Donald Trump’s White House could be gearing up to buy as much bitcoin as possible,…