🚀 Bitcoin is back with a bang! After dipping below $50,000, BTC has rebounded sharply, signaling that bargain hunters are on the prowl. But hold your horses! Veteran trader Peter Brandt warns there's still a 50% chance BTC could slip below $40,000. Meanwhile, CryptoQuant's Ki Young Ju says on-chain indicators are flashing bullish vibes again.

- BTC's bounce has sparked interest in select altcoins. If BTC stays above $60,000, expect altcoins to ride the wave.

- Keep an eye on resistance levels; breaking $62,745 could send BTC soaring to $70,000.

Stay tuned, crypto warriors! 🌟