Is Bitcoin rebounding or is a new bull market beginning?



After scrolling through Twitter for 4 hours, my impressions are as follows:

Most Chinese influencers and retail investors are bearish, expecting prices between $30k and $50k.

Based on the 4-year halving cycle, on-chain data indicators, and technical candlestick analysis, interest rate cuts are delayed.

Most foreign institutions and English-speaking influencers are bullish, expecting a new Bitcoin bull market, with prices reaching $130,000 to $200k.

Based on easing tensions in the US-Iran war, changes in Bitcoin's underlying logic, continued institutional entry, supply less than demand, clear legislation passing, and rotation in the US stock market.

So comrades, who should we believe?
BTC1.38%
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