Bitcoin is exhibiting early signs of a new expansion phase, with the Stochastic RSI turning bullish near $123,208. This development suggests a potential upward trend, as oversold indicators reverse. Technical analysts highlight that this pattern is consistent with historical bullish cycles observed since early 2023. Currently, Bitcoin's market cap is $2.45 trillion, and its 24-hour trading volume is $59.85 billion, according to CoinGecko data.