Bitcoin: Could a Relief Rally Be on the Horizon?

While Bitcoin faces ongoing market pressure, some analysts are cautiously optimistic about potential upside. One prominent trader, Mister Crypto, suggests that a temporary bottom may have been reached. He predicts a rebound towards $100,000-$110,000 based on technical indicators like the Relative Strength Index (RSI), which recently stabilized below 30 after a significant sell-off. This timeframe aligns with historical trends and suggests the beginning of a short-term rebound.