**š Is Bitcoin Still Bullish? Here are the Indicators to Watch**
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**š Key Points:**
* Bitcoin recovered from a 5% correction following the turmoil between Trump & Elon Musk.
* RSI 1000 broke out from a downtrend, the bull run signal is still strong.
* BTC retested key support (400DMA) and rose sharply, similar to the 2021 pattern.
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### **š RSI 1000 & MVRV: Strong Signal or Warning?**
* RSI 1000 broke the downtrend, validating the April support retest.
* No breakdown yet, the bull run has the potential to continue.
* The MVRV band has not yet touched 3.2x like in previous cycles ā there is still room for growth.
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### **š Are Historical Patterns Repeating?**
* BTC tested the 400DMA again in April, then rebounded to a new ATH.
* This pattern was also seen in the 2021 bull run.
* However, each cycle can be different ā remain cautious.
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### **š Opportunities**
ā The retest of historical indicators has the potential to signal the continuation of the bull run.ā ļø A breakdown in RSI 1000 could be a sell point.
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