Last week in BVL055, Bitcoin was still trying to prove it could leave capitulation and uncertainty behind.
Since then, the market has taken another step forward. Bitcoin has pushed into higher ground and challenged a level it had failed to recover for weeks.
Every advance inside a bear market brings Bitcoin closer to recovery, but it also raises the cost of failure. What once looked like resistance suddenly becomes the line buyers are expected to defend.
Bitcoin is moving. Now it has to determine whether this is the beginning of a broader recovery, or simply another brief escape before the path becomes uncertain again.
