#BTCRebound Bitcoin (BTC) has experienced a notable rebound, currently trading at approximately $88,108, marking a 3.9% increase and reaching its highest level since early April.
Additionally, Bitcoin's open interest has risen by $3.1 billion to $30 billion, suggesting increased leverage and investor confidence in the ongoing rebound.
While the market shows bullish signs, some analysts caution that Bitcoin could face a pullback to support zones between $70,000 and $74,000, depending on market reactions to upcoming economic policies and data releases.
Overall, Bitcoin's recent performance reflects a complex interplay of macroeconomic factors and investor sentiment, warranting close monitoring of market trends and policy developments.
I am a new trader and made a horrible mistake. I followed an influencer and took his signal. As an excited new trader, I bought Gas at its peak ($3.845 per unit in Spot trading on 18th April) due to lack of basic knowledge. After that, the price kept going down and has never reached my entry point.
I could really use some advice from experts—what should I do now? Please share your valuable advice with an explanation.