$BTC $BTC

🚀 **Bitcoin rebounds from oversold areas amid regulatory developments from Vietnam!**

📉 RSI at 19.5 indicates strong selling pressure, but it may pave the way for a potential upward move.

📊 Current price around $106,750, with a noticeable rebound from support at $104,980.

🌍 Meanwhile, Vietnam has announced a new law to regulate cryptocurrencies that will come into effect in January 2026, enhancing transparency and attracting investments.

💬 The combination of technical analysis and regulatory developments could create an ideal environment for Bitcoin!

Is this the right time to enter? Or is the market still in a consolidation phase?

Share your thoughts 👇

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