BTC rebounded 10000u from the low point.

Is the bull market back?

1. First, the conclusion: there is none.
What is a bull market?
Constant new highs on the left side
And we have seen that BTC has not reached a new high for 45 days.
This is just a repeated fluctuation before the historical high point.

2. Will it continue to reach new highs or form a double top?
It is all possible and not very significant.
The difference between 120,000 and 150,000 is only 25%.
If you don't use leverage, risking a drawdown of 60%+ for this 25%.
It doesn't seem worth it no matter how you calculate.

3. The next two years will be a period of high-level fluctuations.
The range of 100,000 to 125,000 may occupy more than 12 months.
How much profit can you hold?
And now we have many targets with higher EV expectations.
So even if it reaches 150,000 as previously expected.
As long as you switch to a better target, there won't be any losses.