$BTC recovered 13-17% from $80,000 support to around $91,300, showing a bullish divergence on the daily timeframe.
However, low and declining volume undermines this recovery, suggesting a lack of conviction.
With the broader trend still bearish and Bitcoin dominance rising, the likely scenario is a retest of $93,000 resistance followed by a pullback toward $80,000 support.
Volume is a critical confirmation factor: without a significant increase, even bullish price action often fails to sustain, increasing the probability of a retracement.
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$BTC recovered 13-17% from $80,000 support to around $91,300, showing a bullish divergence on the daily timeframe.
However, low and declining volume undermines this recovery, suggesting a lack of conviction.
With the broader trend still bearish and Bitcoin dominance rising, the likely scenario is a retest of $93,000 resistance followed by a pullback toward $80,000 support.
Volume is a critical confirmation factor: without a significant increase, even bullish price action often fails to sustain, increasing the probability of a retracement.