“Bitcoin is rising again! But is this the beginning of a bull run... or just a market trap?”
The price of Bitcoin has strengthened again and breached an important psychological level at
. Positive sentiment is starting to be felt, driven by:
● Speculation on the easing of The Fed's policy
● Increasing institutional demand
● On-chain activity that is starting to recover
However, some analysts still warn of potential technical corrections in the near future.
Are we witnessing the beginning of a major rally, or is this just a temporary bounce before going down again?
What do you think?
Bullish, Bearish or wait&see
