We should not rejoice yet, butstill, the current increase is a good sign that it might increase. You know, a market that had fallen so much would have the time to take a breath (retracement), which is why we should observe now, rather than decide. For me, just like I replied in a post some hours ago, it's all about $$107,370. Bitcoin has created a quadruple bottom at that level, so if it keeps holding above the level, there is a high chance that it will returnmove higher. But if it breach this level lower, it will certainly visit lower level in weeks.

You know, a market that had fallen so much would have the time to take a breath (retracement), which is why we should observe now, rather than decide.

For me, just like I replied in a post hours ago, it's all about $$107,370. Bitcoin has created a quadruple bottom at that level, so if it keeps holding above it, there is a high chance it will return higher. But if it breaches this level lower, it will certainly visit lower levels in weeks.

We should not rejoice yet, but the current increase is a good sign that it might increase. You know, a market that had fallen so much would have the time to take a breath (retracement), which is why we should observe now, rather than decide. For me, just like I replied in a post some hours ago, it's all about $$107,370. Bitcoin has created a quadruple bottom at that level, so if it keeps holding above the level, there is a high chance that it will return higher. But if it breach this level lower, it will certainly visit lower level in weeks.