$BTC We are still trading within this ascending trend channel and just saw a bounce off the support line.



As long as this holds, it’s possible that we keep grinding slowly higher over the next few months. If this happens, I think it would be a strong case that the bottom is already in.

If we lose this uptrend, however, we aren’t done with this bear market yet and will likely see prices below 60K once again.
BTC1.74%
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ChainDetective
· 13h ago
From a technical perspective, there are indeed signs of a rebound, but the broader market trend is still bearish. If it breaks below the trend line, this round of rebound will be over—so risk control is key. Slowly bottoming out is also a good thing.
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LiquidityLazy
· 13h ago
I think the bottom hasn’t arrived yet; right now it’s just ranging while waiting for news. But your channel analysis is very straightforward—just follow along and watch it.
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TrailingProfit
· 13h ago
If the support line holds, it’s a slow bull market; if it breaks, it’s over.
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