Bitcoin: is it preparing for a rebound?

After peaking at $126,000, Bitcoin corrected by nearly 19%, returning to test its 350-day moving average, a level that has often marked the end of major corrections.

Since March 2023, every time $BTC touches this curve, buyers regain control.

What if history repeats itself once again?

The market seems hesitant, but as long as this support holds, the bullish structure remains intact.

A rebound here could well be the starting point for a new move towards the highs.