#BTCRebound
🐂 Are we seeing a bounce on the horizon? Analyzing the possible rebound of Bitcoin 🧐
The question many of us are asking today is: are we witnessing a significant bounce in BTC or just a breather in the recent correction? 🤔 After weeks of bearish pressure, we have seen an attempt to recover the price of Bitcoin, generating hope among some investors. 📈
This possible rebound could be driven by several factors. Perhaps we will see a technical correction after the overselling, or maybe market sentiment is finding a new balance after the pauses in tariffs.
It is also possible that traders who had short positions are covering their profits, adding buying pressure. 🤝
However, it is crucial to stay vigilant. Does this rebound have the volume and conviction necessary to signal a true trend reversal? 👀 Or could it simply be a "bear market rally" before selling pressure continues? 🔑
Personally, I am closely watching the 87k level. Surpassing that price could be a more bullish signal, potentially leading Bitcoin to 90k, 92k, 95k, even 97k, while failing to do so could indicate that the bearish trend still has strength. Remember not to trade solely based on the hope of a bounce.
What do you think Bitcoin’s price will do in the coming days? Will the bullish trend continue and break its all-time high 🚀 or is it just a relief bounce before continuing to fall 📉?
Share your analysis and your expectations about the possible rebound of Bitcoin! 👇