#BitcoinBouncesBack

After the sharp drop last week that scared everyone by falling just below $60,000, BTC made an incredible comeback.
Bottom: ~$60,000
Current range: $69,000 – $71,000 band
→ A sudden jump of over 20% (we saw a movement of close to 21% in just 48 hours)
The market is asking:
Is this a real bottom formation, or a classic dead cat bounce?
For now, the signs are on the positive side:
• The psychological level of $70,000 has been reclaimed
• Bottom buyers have returned very strongly
• The probability of $85,000 in the polymarket has increased to 71% (for the end of the month)
Of course, caution is necessary:
The derivatives side is still somewhat bearish, and funding is in negative territory. If we cannot break above $71,500 clearly, we may see another test of $65k-$60k. But the current momentum and increase in volume suggest that:
Bitcoin hasn't given up. It may just be getting started. What do you think? Is this turnaround a sign of a new bull run, or just a nice pump? I'm waiting for your opinions in the comments!