10X Research: BTC has seen 2 reversal indicators recover from deep oversold levels, but the bull market has not been confirmed
10x Research posted on social media that two of the current three reversal indicators for BTC have recovered from deep oversold levels, indicating the potential for a short-term rally. Trading Bitcoin in the current environment has become more challenging due to the absence of a clear bull market. On-chain analysis indicates that the bull cycle has shortened, but opportunities remain for disciplined traders who can accurately predict macro events and adapt to the changing structure of the Bitcoin market.