Phase Bull/Bear Divide
Bitcoin’s recent rebound has not succeeded in overcoming the existing “Phase Bull/Bear” divide, prompting some investors to adopt a perspective that indicates a trend shift. The ongoing volatility in the cryptocurrency market has made it challenging for Bitcoin to achieve sustained momentum, as investors remain cautious amid mixed signals. Analysts note that the failure to break through key resistance levels has led to uncertainty regarding future price movements. Consequently, some market participants are reevaluating their strategies and considering the possibility that the current trend may be nearing its end. This shift in sentiment reflects broader concerns about market stability and the potential for further fluctuations in Bitcoin’s value.
