Recent technical indicators are signaling a potential Bitcoin rally as its daily MACD has reached an all-time low. This comes after the cryptocurrency experienced a sharp drop and currently sits around $91,590. Experts believe this drop is reminiscent of historical patterns from 2021, where similar lows preceded substantial price increases of over 119%. Analysts are particularly noting Bitcoin’s rebound of nearly 12% after hitting recent lows, reaching the key resistance level of $93,500. 2022 bear market levels of unrealized losses have been reached as well. This indicates significant undervaluation in the current market conditions according to market analysts.