Bitcoin’s Bear Market May Be Over After a 20% Rally: But What Comes Next? (Analyst)
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Analysts say Bitcoin’s roughly 20% bounce could mark the end of the bear market, but they caution it may also be a short-lived relief rally without further confirmation. Confirmation would require sustained buying, higher highs and the reclaiming of key technical levels and volume, while failure to do so would leave downside risk intact. If the breakout holds, the key implication for Bitcoin is a potential shift in market structure that restores investor confidence and attracts fresh capital, whereas a failure would prolong the bear dynamics and volatility.
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