Bitcoin rebounded over the weekend after falling on Friday, which is pretty much in line with previous expectations; we shouldn't be overly bearish on the major coin.
However, from the market perspective, the bulls' counterattack seems relatively weak.
Of course, this also depends on the situation in the Middle East.
At this current position, it's hard to gauge the market sentiment; let's wait until the U.S. stock market closes today. In any case, the risk is definitely greater than the reward right now.
