Is it finally time for Bitcoin to go up?

We believe that Bitcoin is close to an important milestone – it is still about $3,000 away from the level it reached in March of this year. If the price breaks this high, it could be a strong signal of a trend reversal and continued growth.

Let’s also look at one additional indicator – trading volume. We are looking at the weekly chart via the BitStamp exchange. Although the volume is not yet strong, we are monitoring the situation with a degree of caution. We believe that the weaker volume at this time is a result of broader macroeconomic uncertainty.

Overall, the potential for growth exists, but we remain vigilant and carefully monitor the market’s next moves.