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Yesterday morning, I woke up and opened my trading app to find that Bitcoin (BTC) had once again surpassed $97,000. At first glance, it was quite a surprise, and it felt like the bull market's temperature had returned.
Many industry insiders have previously made bold statements, saying that reaching $200,000 for BTC is only a matter of time. With this current upward trend, it doesn't seem so far-fetched anymore.
Interestingly, opinions on Twitter and within the community are highly divided. Some bearish voices believe that this rebound is just a bear market rally and a trap for bulls. However, based on the current trend, the strength and sustainability of the rebound seem to tell a different story — perhaps the bull market is truly restarting, or the overall trend has turned upward.
Regardless, I look forward to a comprehensive upward pattern in the coming days, allowing more cryptocurrencies to have their moment.