In the past few days, we have seen positive movement in the price of Bitcoin after a period of decline and selling pressure. The question that many followers are asking is: Is this just a temporary rebound? Or the beginning of a new upward wave?

From a technical standpoint, the price rebound from strong support areas with an increase in trading volume gives an initial signal of new liquidity entering the market. If the price can break important nearby resistance levels, we might see the continuation of the upward movement in the short term.

However, it is important to note: the market is still sensitive to news and volatility, especially with upcoming economic decisions from the Federal Reserve or significant movements from the whales.

In summary: the picture has started to improve, but we still need stronger confirmations. Breaking the next resistance and holding above it will be a clear indicator that the market has indeed begun a recovery phase.

Do you agree that this is the beginning of a rise? Or do you see it as just a "dead cat bounce"? Share your opinions with us!