Bitcoin Approaching a 'Breakout or a Breakdown,' Says Civic CEO
*By Michael Teich*
Bitcoin's rebound over the $4,000 mark was short-lived, tumbling on Thursday below the $4,000 price level for the first time since Jan. 6.
"I think it is a good chance we are going to retest 3,000 as a low and there is a good chance it will probably break through that ー if it hits that low," said Civic CEO Vinny Lingham in an interview with Cheddar. "The market is definitely trying to find a bottom, and I don't think we've found one yet."
Lingham, whose company specializes in identity protection using blockchain, expects the cryptocurrency to trade in a tight range before making an explosive move higher or lower.
"The reality is, it will probably trade sideways between $3 -$5,000 for another month or two while it's trying to find which way to go and when it finds direction it will be a breakout or a breakdown."
With Thursday's selloff, Bitcoin is giving up its gains for the month of January.
For full interview [click here](https://cheddar.com/videos/bitcoin-slips-below-3-6k).
With smart cameras playing a major role in the Nancy Guthrie case, Ring founder Jamie Siminoff addresses data security and privacy after that Super Bowl ad.
Rich Hill of Principal Asset Management breaks down where real estate capital is flowing, what’s driving returns, and how 2026 could reshape the market.
From surprise celebrity overload to fewer influencers, USA Today's Ralphie Aversa breaks down the biggest Super Bowl 60 ads and why AI quietly stole the show.
Carl Lukach, CFO of Bob’s Discount Furniture, shares insights on the company’s IPO, growth strategy, and what it means for the future of the furniture market.
