#BVL040: Sisyphus 2.0
Last week in BVL039, we flagged that Bitcoin’s push into the mid-$70ks was the first real “stress test” of this recovery attempt, and that it would only survive if demand stayed consistent. Instead, price did what bear markets love to do, it chopped, faded, and then snapped back, leaving us back where we were two weeks ago.
This week we focus on whether this recovery attempt has enough fuel to push higher in light of the $4k drop in price since last week.
The key question is simple: is Bitcoin building a base for a second recovery attempt, or are we still in a range where rallies keep getting sold?
