Bitcoin is entering a critical observation period, according to BIT's latest report. After months of correction, BTC has rebounded slightly, retesting the key support zone of $65,881–$66,396. However, the report highlights that the recovery remains fragile, with macroeconomic pressures and weakening liquidity posing risks.
As April approaches, traditionally a stronger month for Bitcoin, the report advises caution against relying solely on historical patterns. The potential for a recovery will depend on the alignment of liquidity, market positioning, and external catalysts.
Bitcoin Faces Downside Risk Amid Fragile Recovery, Says BIT Report
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