Bitcoin’s rally is still just a bear market bounce unless it reclaims this key level
Bitcoin (BTC) moved from roughly $67,000 to $72,000 within the days surrounding the US-Israel-Iran ceasefire announcement, a 7.5% rebound that lowered volatility and lifted sentiment throughout threat belongings. Glassnode’s Apr. 8 Week On-chain report famous that the bounce and stabilization still match the fingerprint of a bear market rebound. BTC still trades inside a bear…
