Bitcoin’s Trajectory Shifts: Could a Rebound be on the Horizon?

Bitcoin is navigating a crossroads in its trading dynamics, with recent activity closely tied to its long-term support level. This crucial area has served as a reliable refuge for Bitcoin bulls three times since the start of 2023, sparking renewed momentum each time. Now, the market’s focus is on whether this support will provide further impetus for a rebound, particularly in light of evolving global trade developments.